CONVERSE
CONVERSE is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Unbridled Resources, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2024 to August 2026, totalling 132 thousand cubic feet. The lease is shut in. 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 $4K, with roughly $837 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 thousand cubic feet a month. Its strongest month on the record we hold was March 2025, at 25 thousand cubic feet.
Key facts about CONVERSE
- Who operates CONVERSE?
- CONVERSE is operated by Unbridled Resources, LLC, Railroad Commission of Texas operator number 875461.
- Where is CONVERSE?
- CONVERSE is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 296611.
- Is CONVERSE still producing?
- CONVERSE is shut in. The most recent month of production reported to the Railroad Commission of Texas for CONVERSE is August 2026.
- How much has CONVERSE produced?
- CONVERSE has reported 132 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2024 and August 2026, from 1 wellbore.
- How much is CONVERSE worth?
- The remaining production from CONVERSE is estimated to be worth about $4K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONVERSE is a fraction of it. The estimate fits an Arps decline curve to the production CONVERSE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONVERSE is an estimate of value, not an offer and not an appraisal.
- How much income does CONVERSE generate in a year?
- CONVERSE is forecast to net about $837 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONVERSE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Unbridled Resources, LLC |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 296611 |
| Wellbores | 1 |
| Reported production | 132 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where CONVERSE 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.