SMITH, FRED
SMITH, FRED is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Crescendo Resources, L.P. It has 1 wellbore on file with the Commission. Reported production runs from November 1997 to August 2026, totalling 1,517,151 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 $406K, with roughly $62K 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 1,890 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 3,941 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 SMITH, FRED
- Who operates SMITH, FRED?
- SMITH, FRED is operated by Crescendo Resources, L.P., Railroad Commission of Texas operator number 189451.
- Where is SMITH, FRED?
- SMITH, FRED is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 166910.
- Is SMITH, FRED still producing?
- SMITH, FRED is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH, FRED is August 2026.
- How much has SMITH, FRED produced?
- SMITH, FRED has reported 1,517,151 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1997 and August 2026, from 1 wellbore.
- How much is SMITH, FRED worth?
- The remaining production from SMITH, FRED is estimated to be worth about $406K in total as of 26 August 2026, within a range of $337K to $474K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH, FRED is a fraction of it. The estimate fits an Arps decline curve to the production SMITH, FRED has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH, FRED is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH, FRED generate in a year?
- SMITH, FRED is forecast to net about $62K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SMITH, FRED receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crescendo Resources, L.P. |
|---|---|
| Field | Panhandle, West |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 166910 |
| Wellbores | 1 |
| Reported production | 1,517,151 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $406K |
Where SMITH, FRED 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.