KING 729
KING 729 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2007 to August 2026, totalling 988,597 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 $498K, with roughly $97K 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 2,873 thousand cubic feet a month. Its strongest month on the record we hold was December 2019, at 6,336 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 KING 729
- Who operates KING 729?
- KING 729 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is KING 729?
- KING 729 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 229521.
- Is KING 729 still producing?
- KING 729 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KING 729 is August 2026.
- How much has KING 729 produced?
- KING 729 has reported 988,597 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2007 and August 2026, from 1 wellbore.
- How much is KING 729 worth?
- The remaining production from KING 729 is estimated to be worth about $498K in total as of 26 August 2026, within a range of $413K to $582K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KING 729 is a fraction of it. The estimate fits an Arps decline curve to the production KING 729 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KING 729 is an estimate of value, not an offer and not an appraisal.
- How much income does KING 729 generate in a year?
- KING 729 is forecast to net about $97K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KING 729 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Bradford (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 229521 |
| Wellbores | 1 |
| Reported production | 988,597 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $498K |
Where KING 729 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.