LEGACY TRUST
LEGACY TRUST is a Texas gas lease in Lavaca County, Railroad Commission district 02, operated by H & P Exploration Co. It has 1 wellbore on file with the Commission. Reported production runs from November 2016 to August 2026, totalling 714,893 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $10K, with roughly $9K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 962 thousand cubic feet a month. Its strongest month on the record we hold was December 2019, at 35,451 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about LEGACY TRUST
- Who operates LEGACY TRUST?
- LEGACY TRUST is operated by H & P Exploration Co., Railroad Commission of Texas operator number 341526.
- Where is LEGACY TRUST?
- LEGACY TRUST is a Texas gas lease in Lavaca County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 283279.
- Is LEGACY TRUST still producing?
- LEGACY TRUST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEGACY TRUST is August 2026.
- How much has LEGACY TRUST produced?
- LEGACY TRUST has reported 714,893 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2016 and August 2026, from 1 wellbore.
- How much is LEGACY TRUST worth?
- The remaining production from LEGACY TRUST is estimated to be worth about $10K in total as of 27 August 2026, within a range of $8K to $12K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEGACY TRUST is a fraction of it. The estimate fits an Arps decline curve to the production LEGACY TRUST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEGACY TRUST is an estimate of value, not an offer and not an appraisal.
- How much income does LEGACY TRUST generate in a year?
- LEGACY TRUST is forecast to net about $9K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEGACY TRUST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | H & P Exploration Co. |
|---|---|
| Field | Speaks, SW. (Wilcox -A-) |
| County | Lavaca County, Texas |
| RRC district | 02 |
| Lease number | 283279 |
| Wellbores | 1 |
| Reported production | 714,893 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
Where LEGACY TRUST sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.