SNEED
SNEED is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2003 to August 2026, totalling 67,507 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 $17K, with roughly $2K 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 91 thousand cubic feet a month. Its strongest month on the record we hold was April 2018, at 181 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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
- Who operates SNEED?
- SNEED is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is SNEED?
- SNEED is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 197909.
- Is SNEED still producing?
- SNEED is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SNEED is August 2026.
- How much has SNEED produced?
- SNEED has reported 67,507 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2003 and August 2026, from 1 wellbore.
- How much is SNEED worth?
- The remaining production from SNEED is estimated to be worth about $17K in total as of 26 August 2026, within a range of $10K to $25K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SNEED is a fraction of it. The estimate fits an Arps decline curve to the production SNEED has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SNEED is an estimate of value, not an offer and not an appraisal.
- How much income does SNEED generate in a year?
- SNEED is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SNEED receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Panhandle, West (Red Cave North) |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 197909 |
| Wellbores | 1 |
| Reported production | 67,507 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $17K |
Where SNEED 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.