LUCK

LUCK 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 January 1993 to August 2026, totalling 533,294 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 $48K, with roughly $6K 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 314 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 1,186 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 LUCK

Who operates LUCK?
LUCK is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
Where is LUCK?
LUCK is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 126527.
Is LUCK still producing?
LUCK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LUCK is August 2026.
How much has LUCK produced?
LUCK has reported 533,294 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is LUCK worth?
The remaining production from LUCK is estimated to be worth about $48K in total as of 26 August 2026, within a range of $37K to $58K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LUCK is a fraction of it. The estimate fits an Arps decline curve to the production LUCK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LUCK is an estimate of value, not an offer and not an appraisal.
How much income does LUCK generate in a year?
LUCK is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LUCK receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

LUCK as filed with the Railroad Commission of Texas
OperatorPhillips Petroleum Company
FieldTexas Hugoton
CountySherman County, Texas
RRC district10
Lease number126527
Wellbores1
Reported production533,294 mcf
First reported
Last reported
Estimated royalty value$48K

Where LUCK 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.