STROUD

STROUD is a Texas gas lease in Parker County, Railroad Commission district 7B, operated by Spindletop Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 742,102 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 $170K, with roughly $26K 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 1,142 thousand cubic feet a month. Its strongest month on the record we hold was July 2020, at 2,300 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 STROUD

Who operates STROUD?
STROUD is operated by Spindletop Oil & Gas Company, Railroad Commission of Texas operator number 809930.
Where is STROUD?
STROUD is a Texas gas lease in Parker County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 135886.
Is STROUD still producing?
STROUD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STROUD is August 2026.
How much has STROUD produced?
STROUD has reported 742,102 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is STROUD worth?
The remaining production from STROUD is estimated to be worth about $170K in total as of 27 August 2026, within a range of $141K to $199K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STROUD is a fraction of it. The estimate fits an Arps decline curve to the production STROUD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STROUD is an estimate of value, not an offer and not an appraisal.
How much income does STROUD generate in a year?
STROUD is forecast to net about $26K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STROUD receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

STROUD as filed with the Railroad Commission of Texas
OperatorSpindletop Oil & Gas Company
FieldReno (Congl. Upper)
CountyParker County, Texas
RRC district7B
Lease number135886
Wellbores1
Reported production742,102 mcf
First reported
Last reported
Estimated royalty value$170K

Where STROUD 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.