STANDLEY GAS UNIT NO. 1
STANDLEY GAS UNIT NO. 1 is a Texas gas lease in Limestone County, Railroad Commission district 05, operated by Herd Producing Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 1994 to August 2026, totalling 245,013 thousand cubic feet. The lease is intermittent. 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 $536, with roughly $68 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 2 thousand cubic feet a month. Its strongest month on the record we hold was February 2020, at 409 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 STANDLEY GAS UNIT NO. 1
- Who operates STANDLEY GAS UNIT NO. 1?
- STANDLEY GAS UNIT NO. 1 is operated by Herd Producing Company, Inc., Railroad Commission of Texas operator number 379750.
- Where is STANDLEY GAS UNIT NO. 1?
- STANDLEY GAS UNIT NO. 1 is a Texas gas lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 152379.
- Is STANDLEY GAS UNIT NO. 1 still producing?
- STANDLEY GAS UNIT NO. 1 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for STANDLEY GAS UNIT NO. 1 is August 2026.
- How much has STANDLEY GAS UNIT NO. 1 produced?
- STANDLEY GAS UNIT NO. 1 has reported 245,013 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 1994 and August 2026, from 1 wellbore.
- How much is STANDLEY GAS UNIT NO. 1 worth?
- The remaining production from STANDLEY GAS UNIT NO. 1 is estimated to be worth about $536 in total as of 27 August 2026, within a range of $0 to $1K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STANDLEY GAS UNIT NO. 1 is a fraction of it. The estimate fits an Arps decline curve to the production STANDLEY GAS UNIT NO. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STANDLEY GAS UNIT NO. 1 is an estimate of value, not an offer and not an appraisal.
- How much income does STANDLEY GAS UNIT NO. 1 generate in a year?
- STANDLEY GAS UNIT NO. 1 is forecast to net about $68 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STANDLEY GAS UNIT NO. 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Herd Producing Company, Inc. |
|---|---|
| Field | Farrar (Travis Peak) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 152379 |
| Wellbores | 1 |
| Reported production | 245,013 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $536 |
Where STANDLEY GAS UNIT NO. 1 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.