RECORD
RECORD is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Kodiak Drilling, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 539,585 thousand cubic feet. The lease is intermittent. 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 $60K, with roughly $9K 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 325 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 1,866 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 RECORD
- Who operates RECORD?
- RECORD is operated by Kodiak Drilling, Inc., Railroad Commission of Texas operator number 473757.
- Where is RECORD?
- RECORD is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 031690.
- Is RECORD still producing?
- RECORD is intermittent. The most recent month of production reported to the Railroad Commission of Texas for RECORD is August 2026.
- How much has RECORD produced?
- RECORD has reported 539,585 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is RECORD worth?
- The remaining production from RECORD is estimated to be worth about $60K in total as of 26 August 2026, within a range of $47K to $74K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RECORD is a fraction of it. The estimate fits an Arps decline curve to the production RECORD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RECORD is an estimate of value, not an offer and not an appraisal.
- How much income does RECORD generate in a year?
- RECORD is forecast to net about $9K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RECORD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kodiak Drilling, Inc. |
|---|---|
| Field | Panhandle, West |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 031690 |
| Wellbores | 1 |
| Reported production | 539,585 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $60K |
Where RECORD 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.