REAGAN
REAGAN is a Texas gas lease in Palo Pinto County, Railroad Commission district 7B, operated by Fossil Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1999 to August 2026, totalling 79,854 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 $5K, with roughly $649 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 27 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 105 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 REAGAN
- Who operates REAGAN?
- REAGAN is operated by Fossil Operating, Inc., Railroad Commission of Texas operator number 278846.
- Where is REAGAN?
- REAGAN is a Texas gas lease in Palo Pinto County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 173130.
- Is REAGAN still producing?
- REAGAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REAGAN is August 2026.
- How much has REAGAN produced?
- REAGAN has reported 79,854 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1999 and August 2026, from 1 wellbore.
- How much is REAGAN worth?
- The remaining production from REAGAN is estimated to be worth about $5K in total as of 27 August 2026, within a range of $3K to $7K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REAGAN is a fraction of it. The estimate fits an Arps decline curve to the production REAGAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REAGAN is an estimate of value, not an offer and not an appraisal.
- How much income does REAGAN generate in a year?
- REAGAN is forecast to net about $649 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REAGAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fossil Operating, Inc. |
|---|---|
| Field | Costello, NW. (4000) |
| County | Palo Pinto County, Texas |
| RRC district | 7B |
| Lease number | 173130 |
| Wellbores | 1 |
| Reported production | 79,854 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $5K |
Where REAGAN 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.