LINK "68"
LINK "68" is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Marjac Oil Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2001 to August 2026, totalling 2,050,159 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 $494K, with roughly $93K 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 4,115 thousand cubic feet a month. Its strongest month on the record we hold was September 2021, at 7,140 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 LINK "68"
- Who operates LINK "68"?
- LINK "68" is operated by Marjac Oil Company, Inc., Railroad Commission of Texas operator number 526262.
- Where is LINK "68"?
- LINK "68" is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 186546.
- Is LINK "68" still producing?
- LINK "68" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LINK "68" is August 2026.
- How much has LINK "68" produced?
- LINK "68" has reported 2,050,159 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2001 and August 2026, from 1 wellbore.
- How much is LINK "68" worth?
- The remaining production from LINK "68" is estimated to be worth about $494K in total as of 26 August 2026, within a range of $410K to $578K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LINK "68" is a fraction of it. The estimate fits an Arps decline curve to the production LINK "68" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LINK "68" is an estimate of value, not an offer and not an appraisal.
- How much income does LINK "68" generate in a year?
- LINK "68" is forecast to net about $93K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LINK "68" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marjac Oil Company, Inc. |
|---|---|
| Field | Cumming (Conglomerate) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 186546 |
| Wellbores | 1 |
| Reported production | 2,050,159 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $494K |
Where LINK "68" 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.