LEA
LEA is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Hill, Charles Drilling, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2007 to August 2026, totalling 5,757 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 $2K, with roughly $233 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 10 thousand cubic feet a month. Its strongest month on the record we hold was March 2022, at 65 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 LEA
- Who operates LEA?
- LEA is operated by Hill, Charles Drilling, Inc., Railroad Commission of Texas operator number 386849.
- Where is LEA?
- LEA is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 236860.
- Is LEA still producing?
- LEA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEA is August 2026.
- How much has LEA produced?
- LEA has reported 5,757 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2007 and August 2026, from 1 wellbore.
- How much is LEA worth?
- The remaining production from LEA is estimated to be worth about $2K in total as of 26 August 2026, within a range of $1K to $3K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEA is a fraction of it. The estimate fits an Arps decline curve to the production LEA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEA is an estimate of value, not an offer and not an appraisal.
- How much income does LEA generate in a year?
- LEA is forecast to net about $233 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hill, Charles Drilling, Inc. |
|---|---|
| Field | Stephens County Regular (Gas) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 236860 |
| Wellbores | 1 |
| Reported production | 5,757 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where LEA 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.