GABLE
GABLE is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Briercrest Oil Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 506,412 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 $64K, with roughly $11K 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 281 thousand cubic feet a month. Its strongest month on the record we hold was June 2023, at 917 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 GABLE
- Who operates GABLE?
- GABLE is operated by Briercrest Oil Co., Railroad Commission of Texas operator number 092500.
- Where is GABLE?
- GABLE is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 024862.
- Is GABLE still producing?
- GABLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GABLE is August 2026.
- How much has GABLE produced?
- GABLE has reported 506,412 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GABLE worth?
- The remaining production from GABLE is estimated to be worth about $64K in total as of 26 August 2026, within a range of $50K to $79K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GABLE is a fraction of it. The estimate fits an Arps decline curve to the production GABLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GABLE is an estimate of value, not an offer and not an appraisal.
- How much income does GABLE generate in a year?
- GABLE is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GABLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Briercrest Oil Co. |
|---|---|
| Field | Panhandle, West |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 024862 |
| Wellbores | 1 |
| Reported production | 506,412 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $64K |
Where GABLE 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.