VALERIE
VALERIE is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Strat Land Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2003 to August 2026, totalling 678,174 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 $38K, with roughly $5K 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 220 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 2,167 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 VALERIE
- Who operates VALERIE?
- VALERIE is operated by Strat Land Exploration Company, Railroad Commission of Texas operator number 825420.
- Where is VALERIE?
- VALERIE is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 197983.
- Is VALERIE still producing?
- VALERIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VALERIE is August 2026.
- How much has VALERIE produced?
- VALERIE has reported 678,174 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2003 and August 2026, from 1 wellbore.
- How much is VALERIE worth?
- The remaining production from VALERIE is estimated to be worth about $38K in total as of 27 August 2026, within a range of $29K to $46K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VALERIE is a fraction of it. The estimate fits an Arps decline curve to the production VALERIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VALERIE is an estimate of value, not an offer and not an appraisal.
- How much income does VALERIE generate in a year?
- VALERIE is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VALERIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Strat Land Exploration Company |
|---|---|
| Field | Higgins, South (Morrow) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 197983 |
| Wellbores | 1 |
| Reported production | 678,174 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $38K |
Where VALERIE 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.