LEVERETT
LEVERETT is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Sonat Exploration Company -Tyler. It has 1 wellbore on file with the Commission. Reported production runs from May 1994 to August 2026, totalling 1,805,346 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 $94K, with roughly $21K 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 1,065 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 3,394 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 LEVERETT
- Who operates LEVERETT?
- LEVERETT is operated by Sonat Exploration Company -Tyler, Railroad Commission of Texas operator number 801642.
- Where is LEVERETT?
- LEVERETT is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 149752.
- Is LEVERETT still producing?
- LEVERETT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEVERETT is August 2026.
- How much has LEVERETT produced?
- LEVERETT has reported 1,805,346 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 1994 and August 2026, from 1 wellbore.
- How much is LEVERETT worth?
- The remaining production from LEVERETT is estimated to be worth about $94K in total as of 27 August 2026, within a range of $78K to $110K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEVERETT is a fraction of it. The estimate fits an Arps decline curve to the production LEVERETT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEVERETT is an estimate of value, not an offer and not an appraisal.
- How much income does LEVERETT generate in a year?
- LEVERETT is forecast to net about $21K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEVERETT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sonat Exploration Company -Tyler |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 149752 |
| Wellbores | 1 |
| Reported production | 1,805,346 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $94K |
Where LEVERETT 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.