BIRD
BIRD is a Texas gas lease in Palo Pinto County, Railroad Commission district 7B, operated by Stephens & Johnson Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from July 2000 to August 2026, totalling 1,468,433 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 $351K, with roughly $54K 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 2,306 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 3,349 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 BIRD
- Who operates BIRD?
- BIRD is operated by Stephens & Johnson Operating Co., Railroad Commission of Texas operator number 817555.
- Where is BIRD?
- BIRD is a Texas gas lease in Palo Pinto County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 178555.
- Is BIRD still producing?
- BIRD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BIRD is August 2026.
- How much has BIRD produced?
- BIRD has reported 1,468,433 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2000 and August 2026, from 1 wellbore.
- How much is BIRD worth?
- The remaining production from BIRD is estimated to be worth about $351K in total as of 27 August 2026, within a range of $291K to $410K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BIRD is a fraction of it. The estimate fits an Arps decline curve to the production BIRD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BIRD is an estimate of value, not an offer and not an appraisal.
- How much income does BIRD generate in a year?
- BIRD is forecast to net about $54K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BIRD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stephens & Johnson Operating Co. |
|---|---|
| Field | Strawn (Marble Falls Strawn) |
| County | Palo Pinto County, Texas |
| RRC district | 7B |
| Lease number | 178555 |
| Wellbores | 1 |
| Reported production | 1,468,433 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $351K |
Where BIRD 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.