BENNETT-SNEED
BENNETT-SNEED is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Natural Gas Pipeline Co Of Amer. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,100,566 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 $328K, with roughly $52K 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 1,073 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 4,629 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 BENNETT-SNEED
- Who operates BENNETT-SNEED?
- BENNETT-SNEED is operated by Natural Gas Pipeline Co Of Amer., Railroad Commission of Texas operator number 600970.
- Where is BENNETT-SNEED?
- BENNETT-SNEED is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 024026.
- Is BENNETT-SNEED still producing?
- BENNETT-SNEED is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BENNETT-SNEED is August 2026.
- How much has BENNETT-SNEED produced?
- BENNETT-SNEED has reported 2,100,566 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BENNETT-SNEED worth?
- The remaining production from BENNETT-SNEED is estimated to be worth about $328K in total as of 27 August 2026, within a range of $273K to $384K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BENNETT-SNEED is a fraction of it. The estimate fits an Arps decline curve to the production BENNETT-SNEED has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BENNETT-SNEED is an estimate of value, not an offer and not an appraisal.
- How much income does BENNETT-SNEED generate in a year?
- BENNETT-SNEED is forecast to net about $52K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BENNETT-SNEED receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Natural Gas Pipeline Co Of Amer. |
|---|---|
| Field | Panhandle, West |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 024026 |
| Wellbores | 1 |
| Reported production | 2,100,566 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $328K |
Where BENNETT-SNEED 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.