SNEED -B-
SNEED -B- is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Anadarko Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 679,916 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 $39K, with roughly $16K 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 988 thousand cubic feet a month. Its strongest month on the record we hold was March 2023, at 2,111 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 SNEED -B-
- Who operates SNEED -B-?
- SNEED -B- is operated by Anadarko Petroleum Corporation, Railroad Commission of Texas operator number 020572.
- Where is SNEED -B-?
- SNEED -B- is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 024423.
- Is SNEED -B- still producing?
- SNEED -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SNEED -B- is August 2026.
- How much has SNEED -B- produced?
- SNEED -B- has reported 679,916 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SNEED -B- worth?
- The remaining production from SNEED -B- is estimated to be worth about $39K in total as of 26 August 2026, within a range of $31K to $48K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SNEED -B- is a fraction of it. The estimate fits an Arps decline curve to the production SNEED -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SNEED -B- is an estimate of value, not an offer and not an appraisal.
- How much income does SNEED -B- generate in a year?
- SNEED -B- is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SNEED -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko Petroleum Corporation |
|---|---|
| Field | Panhandle, West |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 024423 |
| Wellbores | 1 |
| Reported production | 679,916 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $39K |
Where SNEED -B- 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.