LEDBETTER 'SOUTH'
LEDBETTER 'SOUTH' is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Braka Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from July 2015 to August 2026, totalling 182,455 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 $123K, with roughly $25K 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 1,168 thousand cubic feet a month. Its strongest month on the record we hold was January 2022, at 1,754 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 LEDBETTER 'SOUTH'
- Who operates LEDBETTER 'SOUTH'?
- LEDBETTER 'SOUTH' is operated by Braka Operating, L.L.C., Railroad Commission of Texas operator number 088563.
- Where is LEDBETTER 'SOUTH'?
- LEDBETTER 'SOUTH' is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 277558.
- Is LEDBETTER 'SOUTH' still producing?
- LEDBETTER 'SOUTH' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEDBETTER 'SOUTH' is August 2026.
- How much has LEDBETTER 'SOUTH' produced?
- LEDBETTER 'SOUTH' has reported 182,455 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2015 and August 2026, from 1 wellbore.
- How much is LEDBETTER 'SOUTH' worth?
- The remaining production from LEDBETTER 'SOUTH' is estimated to be worth about $123K in total as of 26 August 2026, within a range of $102K to $144K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEDBETTER 'SOUTH' is a fraction of it. The estimate fits an Arps decline curve to the production LEDBETTER 'SOUTH' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEDBETTER 'SOUTH' is an estimate of value, not an offer and not an appraisal.
- How much income does LEDBETTER 'SOUTH' generate in a year?
- LEDBETTER 'SOUTH' is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEDBETTER 'SOUTH' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Braka Operating, L.L.C. |
|---|---|
| Field | Stephens County Regular (Gas) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 277558 |
| Wellbores | 1 |
| Reported production | 182,455 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $123K |
Where LEDBETTER 'SOUTH' 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.