RAGER
RAGER is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Pantera Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2014 to August 2026, totalling 459,177 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 $35K 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 1,637 thousand cubic feet a month. Its strongest month on the record we hold was May 2018, at 5,921 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 RAGER
- Who operates RAGER?
- RAGER is operated by Pantera Energy Company, Railroad Commission of Texas operator number 638486.
- Where is RAGER?
- RAGER is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 276231.
- Is RAGER still producing?
- RAGER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAGER is August 2026.
- How much has RAGER produced?
- RAGER has reported 459,177 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2014 and August 2026, from 1 wellbore.
- How much is RAGER worth?
- The remaining production from RAGER is estimated to be worth about $193K in total as of 26 August 2026, within a range of $160K to $225K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAGER is a fraction of it. The estimate fits an Arps decline curve to the production RAGER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAGER is an estimate of value, not an offer and not an appraisal.
- How much income does RAGER generate in a year?
- RAGER is forecast to net about $35K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RAGER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pantera Energy Company |
|---|---|
| Field | Panhandle, West |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 276231 |
| Wellbores | 1 |
| Reported production | 459,177 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $193K |
Where RAGER 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.