LIVELY-KNIGHT "74"

LIVELY-KNIGHT "74" is a Texas gas lease in Sterling County, Railroad Commission district 7C, operated by Bob Hughes Oil Company, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2021 to August 2026, totalling 1,847 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 $4K, with roughly $506 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 22 thousand cubic feet a month. Its strongest month on the record we hold was January 2021, at 75 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 LIVELY-KNIGHT "74"

Who operates LIVELY-KNIGHT "74"?
LIVELY-KNIGHT "74" is operated by Bob Hughes Oil Company, LLC, Railroad Commission of Texas operator number 078050.
Where is LIVELY-KNIGHT "74"?
LIVELY-KNIGHT "74" is a Texas gas lease in Sterling County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 290434.
Is LIVELY-KNIGHT "74" still producing?
LIVELY-KNIGHT "74" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LIVELY-KNIGHT "74" is August 2026.
How much has LIVELY-KNIGHT "74" produced?
LIVELY-KNIGHT "74" has reported 1,847 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2021 and August 2026, from 1 wellbore.
How much is LIVELY-KNIGHT "74" worth?
The remaining production from LIVELY-KNIGHT "74" is estimated to be worth about $4K in total as of 27 August 2026, within a range of $2K to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LIVELY-KNIGHT "74" is a fraction of it. The estimate fits an Arps decline curve to the production LIVELY-KNIGHT "74" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LIVELY-KNIGHT "74" is an estimate of value, not an offer and not an appraisal.
How much income does LIVELY-KNIGHT "74" generate in a year?
LIVELY-KNIGHT "74" is forecast to net about $506 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LIVELY-KNIGHT "74" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

LIVELY-KNIGHT "74" as filed with the Railroad Commission of Texas
OperatorBob Hughes Oil Company, LLC
FieldJameson (Strawn)
CountySterling County, Texas
RRC district7C
Lease number290434
Wellbores1
Reported production1,847 mcf
First reported
Last reported
Estimated royalty value$4K

Where LIVELY-KNIGHT "74" 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.