TEXAS HUGOTON -GU- 12
TEXAS HUGOTON -GU- 12 is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by Lasater & Co, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2008 to August 2026, totalling 875,846 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 $235K, with roughly $39K 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 1,600 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 5,858 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 TEXAS HUGOTON -GU- 12
- Who operates TEXAS HUGOTON -GU- 12?
- TEXAS HUGOTON -GU- 12 is operated by Lasater & Co, Inc., Railroad Commission of Texas operator number 487415.
- Where is TEXAS HUGOTON -GU- 12?
- TEXAS HUGOTON -GU- 12 is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 236246.
- Is TEXAS HUGOTON -GU- 12 still producing?
- TEXAS HUGOTON -GU- 12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXAS HUGOTON -GU- 12 is August 2026.
- How much has TEXAS HUGOTON -GU- 12 produced?
- TEXAS HUGOTON -GU- 12 has reported 875,846 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2008 and August 2026, from 1 wellbore.
- How much is TEXAS HUGOTON -GU- 12 worth?
- The remaining production from TEXAS HUGOTON -GU- 12 is estimated to be worth about $235K in total as of 27 August 2026, within a range of $195K to $275K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXAS HUGOTON -GU- 12 is a fraction of it. The estimate fits an Arps decline curve to the production TEXAS HUGOTON -GU- 12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXAS HUGOTON -GU- 12 is an estimate of value, not an offer and not an appraisal.
- How much income does TEXAS HUGOTON -GU- 12 generate in a year?
- TEXAS HUGOTON -GU- 12 is forecast to net about $39K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TEXAS HUGOTON -GU- 12 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lasater & Co, Inc. |
|---|---|
| Field | Texas Hugoton |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 236246 |
| Wellbores | 1 |
| Reported production | 875,846 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $235K |
Where TEXAS HUGOTON -GU- 12 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.