REGAN
REGAN is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Helmerich & Payne, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 3,056,933 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 $700K, with roughly $106K 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 4,874 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 6,756 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 REGAN
- Who operates REGAN?
- REGAN is operated by Helmerich & Payne, Inc., Railroad Commission of Texas operator number 374170.
- Where is REGAN?
- REGAN is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 039653.
- Is REGAN still producing?
- REGAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REGAN is August 2026.
- How much has REGAN produced?
- REGAN has reported 3,056,933 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is REGAN worth?
- The remaining production from REGAN is estimated to be worth about $700K in total as of 27 August 2026, within a range of $581K to $820K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REGAN is a fraction of it. The estimate fits an Arps decline curve to the production REGAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REGAN is an estimate of value, not an offer and not an appraisal.
- How much income does REGAN generate in a year?
- REGAN is forecast to net about $106K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REGAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Helmerich & Payne, Inc. |
|---|---|
| Field | Hamon (Ellenberger) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 039653 |
| Wellbores | 1 |
| Reported production | 3,056,933 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $700K |
Where REGAN 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.