EPPS 48

EPPS 48 is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by King Operating Corporation. It has 1 wellbore on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 476,106 thousand cubic feet. The lease is intermittent. 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 $24K, with roughly $5K 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 337 thousand cubic feet a month. Its strongest month on the record we hold was February 2018, at 5,726 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 EPPS 48

Who operates EPPS 48?
EPPS 48 is operated by King Operating Corporation, Railroad Commission of Texas operator number 465296.
Where is EPPS 48?
EPPS 48 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 271252.
Is EPPS 48 still producing?
EPPS 48 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for EPPS 48 is August 2026.
How much has EPPS 48 produced?
EPPS 48 has reported 476,106 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2011 and August 2026, from 1 wellbore.
How much is EPPS 48 worth?
The remaining production from EPPS 48 is estimated to be worth about $24K in total as of 27 August 2026, within a range of $18K to $29K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EPPS 48 is a fraction of it. The estimate fits an Arps decline curve to the production EPPS 48 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EPPS 48 is an estimate of value, not an offer and not an appraisal.
How much income does EPPS 48 generate in a year?
EPPS 48 is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EPPS 48 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

EPPS 48 as filed with the Railroad Commission of Texas
OperatorKing Operating Corporation
FieldSawyer (Canyon)
CountySutton County, Texas
RRC district7C
Lease number271252
Wellbores1
Reported production476,106 mcf
First reported
Last reported
Estimated royalty value$24K

Where EPPS 48 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.