HUNGATE

HUNGATE is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Questa Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,039,920 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 $247K, with roughly $37K 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 1,861 thousand cubic feet a month. Its strongest month on the record we hold was June 2017, at 2,552 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 HUNGATE

Who operates HUNGATE?
HUNGATE is operated by Questa Energy Corporation, Railroad Commission of Texas operator number 684634.
Where is HUNGATE?
HUNGATE is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 088955.
Is HUNGATE still producing?
HUNGATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUNGATE is August 2026.
How much has HUNGATE produced?
HUNGATE has reported 1,039,920 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is HUNGATE worth?
The remaining production from HUNGATE is estimated to be worth about $247K in total as of 26 August 2026, within a range of $205K to $290K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUNGATE is a fraction of it. The estimate fits an Arps decline curve to the production HUNGATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HUNGATE is an estimate of value, not an offer and not an appraisal.
How much income does HUNGATE generate in a year?
HUNGATE is forecast to net about $37K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HUNGATE receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HUNGATE as filed with the Railroad Commission of Texas
OperatorQuesta Energy Corporation
FieldSpoony (Morrow, Upper)
CountyOchiltree County, Texas
RRC district10
Lease number088955
Wellbores1
Reported production1,039,920 mcf
First reported
Last reported
Estimated royalty value$247K

Where HUNGATE 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.