CHARLES
CHARLES is a Texas gas lease in Roberts County, Railroad Commission district 10, operated by Samson Lone Star, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2007 to August 2026, totalling 369,526 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 $9K, with roughly $1K 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 43 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 3,496 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 CHARLES
- Who operates CHARLES?
- CHARLES is operated by Samson Lone Star, LLC, Railroad Commission of Texas operator number 744737.
- Where is CHARLES?
- CHARLES is a Texas gas lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 228648.
- Is CHARLES still producing?
- CHARLES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHARLES is August 2026.
- How much has CHARLES produced?
- CHARLES has reported 369,526 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2007 and August 2026, from 1 wellbore.
- How much is CHARLES worth?
- The remaining production from CHARLES is estimated to be worth about $9K in total as of 26 August 2026, within a range of $5K to $12K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHARLES is a fraction of it. The estimate fits an Arps decline curve to the production CHARLES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHARLES is an estimate of value, not an offer and not an appraisal.
- How much income does CHARLES generate in a year?
- CHARLES is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHARLES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Samson Lone Star, LLC |
|---|---|
| Field | Red Deer Creek (Granite Wash) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 228648 |
| Wellbores | 1 |
| Reported production | 369,526 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $9K |
Where CHARLES 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.