PHILIPP
PHILIPP is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Courson Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 288,633 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 $157K, with roughly $24K 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 1,010 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 1,357 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 PHILIPP
- Who operates PHILIPP?
- PHILIPP is operated by Courson Oil & Gas, Inc., Railroad Commission of Texas operator number 182785.
- Where is PHILIPP?
- PHILIPP is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 242155.
- Is PHILIPP still producing?
- PHILIPP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHILIPP is August 2026.
- How much has PHILIPP produced?
- PHILIPP has reported 288,633 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2008 and August 2026, from 1 wellbore.
- How much is PHILIPP worth?
- The remaining production from PHILIPP is estimated to be worth about $157K in total as of 26 August 2026, within a range of $130K to $184K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHILIPP is a fraction of it. The estimate fits an Arps decline curve to the production PHILIPP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHILIPP is an estimate of value, not an offer and not an appraisal.
- How much income does PHILIPP generate in a year?
- PHILIPP is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PHILIPP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Courson Oil & Gas, Inc. |
|---|---|
| Field | Perryton (Novi, Lower) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 242155 |
| Wellbores | 1 |
| Reported production | 288,633 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $157K |
Where PHILIPP 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.