BTLT
BTLT is a Texas gas lease in Starr County, Railroad Commission district 04, operated by Sheridan Production Company, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2009 to August 2026, totalling 2,413,879 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 $197K, with roughly $51K 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 2,681 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 24,849 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 BTLT
- Who operates BTLT?
- BTLT is operated by Sheridan Production Company, LLC, Railroad Commission of Texas operator number 775854.
- Where is BTLT?
- BTLT is a Texas gas lease in Starr County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 247544.
- Is BTLT still producing?
- BTLT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BTLT is August 2026.
- How much has BTLT produced?
- BTLT has reported 2,413,879 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2009 and August 2026, from 1 wellbore.
- How much is BTLT worth?
- The remaining production from BTLT is estimated to be worth about $197K in total as of 26 August 2026, within a range of $164K to $231K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BTLT is a fraction of it. The estimate fits an Arps decline curve to the production BTLT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BTLT is an estimate of value, not an offer and not an appraisal.
- How much income does BTLT generate in a year?
- BTLT is forecast to net about $51K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BTLT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sheridan Production Company, LLC |
|---|---|
| Field | Javelina (Vicksburg Cons.) |
| County | Starr County, Texas |
| RRC district | 04 |
| Lease number | 247544 |
| Wellbores | 1 |
| Reported production | 2,413,879 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $197K |
Where BTLT 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.