LERA
LERA is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Scout Energy Management LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2018 to August 2026, totalling 148,444 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 $285K, with roughly $43K 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 1,402 thousand cubic feet a month. Its strongest month on the record we hold was September 2019, at 5,863 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 LERA
- Who operates LERA?
- LERA is operated by Scout Energy Management LLC, Railroad Commission of Texas operator number 760218.
- Where is LERA?
- LERA is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 284958.
- Is LERA still producing?
- LERA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LERA is August 2026.
- How much has LERA produced?
- LERA has reported 148,444 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2018 and August 2026, from 1 wellbore.
- How much is LERA worth?
- The remaining production from LERA is estimated to be worth about $285K in total as of 27 August 2026, within a range of $236K to $333K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LERA is a fraction of it. The estimate fits an Arps decline curve to the production LERA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LERA is an estimate of value, not an offer and not an appraisal.
- How much income does LERA generate in a year?
- LERA is forecast to net about $43K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LERA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Scout Energy Management LLC |
|---|---|
| Field | Texas Hugoton |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 284958 |
| Wellbores | 1 |
| Reported production | 148,444 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $285K |
Where LERA 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.