ADA
ADA is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 973,418 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 $193K, with roughly $29K 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 1,320 thousand cubic feet a month. Its strongest month on the record we hold was August 2023, at 2,861 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 ADA
- Who operates ADA?
- ADA is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is ADA?
- ADA is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 024707.
- Is ADA still producing?
- ADA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ADA is August 2026.
- How much has ADA produced?
- ADA has reported 973,418 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is ADA worth?
- The remaining production from ADA is estimated to be worth about $193K in total as of 26 August 2026, within a range of $160K to $226K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ADA is a fraction of it. The estimate fits an Arps decline curve to the production ADA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ADA is an estimate of value, not an offer and not an appraisal.
- How much income does ADA generate in a year?
- ADA is forecast to net about $29K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ADA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Panhandle, West |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 024707 |
| Wellbores | 1 |
| Reported production | 973,418 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $193K |
Where ADA 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.