MAGIC VALLEY
MAGIC VALLEY is a Texas gas lease in Palo Pinto County, Railroad Commission district 7B, operated by Upham, Chester R., JR. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 50,473 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 $7K, with roughly $915 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 34 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 71 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 MAGIC VALLEY
- Who operates MAGIC VALLEY?
- MAGIC VALLEY is operated by Upham, Chester R., JR., Railroad Commission of Texas operator number 878530.
- Where is MAGIC VALLEY?
- MAGIC VALLEY is a Texas gas lease in Palo Pinto County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 063043.
- Is MAGIC VALLEY still producing?
- MAGIC VALLEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAGIC VALLEY is August 2026.
- How much has MAGIC VALLEY produced?
- MAGIC VALLEY has reported 50,473 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MAGIC VALLEY worth?
- The remaining production from MAGIC VALLEY is estimated to be worth about $7K in total as of 27 August 2026, within a range of $4K to $10K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAGIC VALLEY is a fraction of it. The estimate fits an Arps decline curve to the production MAGIC VALLEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAGIC VALLEY is an estimate of value, not an offer and not an appraisal.
- How much income does MAGIC VALLEY generate in a year?
- MAGIC VALLEY is forecast to net about $915 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MAGIC VALLEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Upham, Chester R., JR. |
|---|---|
| Field | Palo Pinto Co. Reg. (Gas) |
| County | Palo Pinto County, Texas |
| RRC district | 7B |
| Lease number | 063043 |
| Wellbores | 1 |
| Reported production | 50,473 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where MAGIC VALLEY 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.