SEARS, LANCE
SEARS, LANCE is a Texas gas lease in Nolan County, Railroad Commission district 7B, operated by Katsco Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2001 to August 2026, totalling 163,216 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 $60K, with roughly $10K 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 210 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 610 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 SEARS, LANCE
- Who operates SEARS, LANCE?
- SEARS, LANCE is operated by Katsco Energy, Inc., Railroad Commission of Texas operator number 451645.
- Where is SEARS, LANCE?
- SEARS, LANCE is a Texas gas lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 185495.
- Is SEARS, LANCE still producing?
- SEARS, LANCE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SEARS, LANCE is August 2026.
- How much has SEARS, LANCE produced?
- SEARS, LANCE has reported 163,216 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2001 and August 2026, from 1 wellbore.
- How much is SEARS, LANCE worth?
- The remaining production from SEARS, LANCE 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 SEARS, LANCE is a fraction of it. The estimate fits an Arps decline curve to the production SEARS, LANCE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SEARS, LANCE is an estimate of value, not an offer and not an appraisal.
- How much income does SEARS, LANCE generate in a year?
- SEARS, LANCE is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SEARS, LANCE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Katsco Energy, Inc. |
|---|---|
| Field | Group, W. (Strawn Lime) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 185495 |
| Wellbores | 1 |
| Reported production | 163,216 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $60K |
Where SEARS, LANCE 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.