LETHCO
LETHCO is a Texas gas lease in Pecos County, Railroad Commission district 08, operated by Rayden. It has 1 wellbore on file with the Commission. Reported production runs from September 2000 to August 2026, totalling 523,401 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 $92K, with roughly $14K 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 600 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 1,403 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 LETHCO
- Who operates LETHCO?
- LETHCO is operated by Rayden, Railroad Commission of Texas operator number 695567.
- Where is LETHCO?
- LETHCO is a Texas gas lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 178702.
- Is LETHCO still producing?
- LETHCO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LETHCO is August 2026.
- How much has LETHCO produced?
- LETHCO has reported 523,401 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2000 and August 2026, from 1 wellbore.
- How much is LETHCO worth?
- The remaining production from LETHCO is estimated to be worth about $92K in total as of 26 August 2026, within a range of $72K to $113K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LETHCO is a fraction of it. The estimate fits an Arps decline curve to the production LETHCO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LETHCO is an estimate of value, not an offer and not an appraisal.
- How much income does LETHCO generate in a year?
- LETHCO is forecast to net about $14K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LETHCO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rayden |
|---|---|
| Field | Athey (Wolfcamp) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 178702 |
| Wellbores | 1 |
| Reported production | 523,401 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $92K |
Where LETHCO 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.