CORENE A
CORENE A is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from November 1995 to August 2026, totalling 3,155,273 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 $85K, with roughly $13K 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 592 thousand cubic feet a month. Its strongest month on the record we hold was August 2021, at 1,376 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 CORENE A
- Who operates CORENE A?
- CORENE A is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is CORENE A?
- CORENE A is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 156849.
- Is CORENE A still producing?
- CORENE A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CORENE A is August 2026.
- How much has CORENE A produced?
- CORENE A has reported 3,155,273 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1995 and August 2026, from 1 wellbore.
- How much is CORENE A worth?
- The remaining production from CORENE A is estimated to be worth about $85K in total as of 26 August 2026, within a range of $67K to $104K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CORENE A is a fraction of it. The estimate fits an Arps decline curve to the production CORENE A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CORENE A is an estimate of value, not an offer and not an appraisal.
- How much income does CORENE A generate in a year?
- CORENE A is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CORENE A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Texhoma (Morrow, Upper) |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 156849 |
| Wellbores | 1 |
| Reported production | 3,155,273 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $85K |
Where CORENE A 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.