STATE TRACT 689-A
STATE TRACT 689-A is a Texas gas lease in Nueces County, Railroad Commission district 04, operated by Torch Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 7,820,028 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 $2.8M, with roughly $470K 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 16,859 thousand cubic feet a month. Its strongest month on the record we hold was March 2025, at 21,921 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 STATE TRACT 689-A
- Who operates STATE TRACT 689-A?
- STATE TRACT 689-A is operated by Torch Operating Company, Railroad Commission of Texas operator number 862594.
- Where is STATE TRACT 689-A?
- STATE TRACT 689-A is a Texas gas lease in Nueces County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 098179.
- Is STATE TRACT 689-A still producing?
- STATE TRACT 689-A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE TRACT 689-A is August 2026.
- How much has STATE TRACT 689-A produced?
- STATE TRACT 689-A has reported 7,820,028 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is STATE TRACT 689-A worth?
- The remaining production from STATE TRACT 689-A is estimated to be worth about $2.8M in total as of 27 August 2026, within a range of $2.3M to $3.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE TRACT 689-A is a fraction of it. The estimate fits an Arps decline curve to the production STATE TRACT 689-A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE TRACT 689-A is an estimate of value, not an offer and not an appraisal.
- How much income does STATE TRACT 689-A generate in a year?
- STATE TRACT 689-A is forecast to net about $470K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE TRACT 689-A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Torch Operating Company |
|---|---|
| Field | Tule Lake |
| County | Nueces County, Texas |
| RRC district | 04 |
| Lease number | 098179 |
| Wellbores | 1 |
| Reported production | 7,820,028 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.8M |
Where STATE TRACT 689-A 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.