FALCON
FALCON is a Texas gas lease in Starr County, Railroad Commission district 04, operated by Smith Production Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2013 to August 2026, totalling 658,731 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 $195K, with roughly $34K 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 1,331 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 6,939 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 FALCON
- Who operates FALCON?
- FALCON is operated by Smith Production Inc., Railroad Commission of Texas operator number 789662.
- Where is FALCON?
- FALCON is a Texas gas lease in Starr County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 267444.
- Is FALCON still producing?
- FALCON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FALCON is August 2026.
- How much has FALCON produced?
- FALCON has reported 658,731 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2013 and August 2026, from 1 wellbore.
- How much is FALCON worth?
- The remaining production from FALCON is estimated to be worth about $195K in total as of 26 August 2026, within a range of $161K to $228K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FALCON is a fraction of it. The estimate fits an Arps decline curve to the production FALCON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FALCON is an estimate of value, not an offer and not an appraisal.
- How much income does FALCON generate in a year?
- FALCON is forecast to net about $34K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FALCON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Smith Production Inc. |
|---|---|
| Field | Falcon (Queen City) |
| County | Starr County, Texas |
| RRC district | 04 |
| Lease number | 267444 |
| Wellbores | 1 |
| Reported production | 658,731 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $195K |
Where FALCON 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.