HARRIS-LANGFORD
HARRIS-LANGFORD is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Mustang Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 1996 to August 2026, totalling 602,977 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 $112K, with roughly $27K 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 1,310 thousand cubic feet a month. Its strongest month on the record we hold was August 2019, at 3,004 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 HARRIS-LANGFORD
- Who operates HARRIS-LANGFORD?
- HARRIS-LANGFORD is operated by Mustang Oil & Gas Corporation, Railroad Commission of Texas operator number 596926.
- Where is HARRIS-LANGFORD?
- HARRIS-LANGFORD is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 157473.
- Is HARRIS-LANGFORD still producing?
- HARRIS-LANGFORD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARRIS-LANGFORD is August 2026.
- How much has HARRIS-LANGFORD produced?
- HARRIS-LANGFORD has reported 602,977 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1996 and August 2026, from 1 wellbore.
- How much is HARRIS-LANGFORD worth?
- The remaining production from HARRIS-LANGFORD is estimated to be worth about $112K in total as of 27 August 2026, within a range of $93K to $130K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARRIS-LANGFORD is a fraction of it. The estimate fits an Arps decline curve to the production HARRIS-LANGFORD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARRIS-LANGFORD is an estimate of value, not an offer and not an appraisal.
- How much income does HARRIS-LANGFORD generate in a year?
- HARRIS-LANGFORD is forecast to net about $27K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HARRIS-LANGFORD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mustang Oil & Gas Corporation |
|---|---|
| Field | Munnerlyn (Miss) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 157473 |
| Wellbores | 1 |
| Reported production | 602,977 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $112K |
Where HARRIS-LANGFORD 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.