ORTON
ORTON 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 387,523 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 $73K, with roughly $11K 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 514 thousand cubic feet a month. Its strongest month on the record we hold was January 2025, at 763 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 ORTON
- Who operates ORTON?
- ORTON is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is ORTON?
- ORTON is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 027687.
- Is ORTON still producing?
- ORTON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ORTON is August 2026.
- How much has ORTON produced?
- ORTON has reported 387,523 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is ORTON worth?
- The remaining production from ORTON is estimated to be worth about $73K in total as of 27 August 2026, within a range of $57K to $89K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ORTON is a fraction of it. The estimate fits an Arps decline curve to the production ORTON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ORTON is an estimate of value, not an offer and not an appraisal.
- How much income does ORTON generate in a year?
- ORTON is forecast to net about $11K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ORTON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Texas Hugoton |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 027687 |
| Wellbores | 1 |
| Reported production | 387,523 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $73K |
Where ORTON 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.