ESPY 56

ESPY 56 is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by American Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from October 1994 to August 2026, totalling 391,138 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 $17K, with roughly $2K 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 92 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 158 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 ESPY 56

Who operates ESPY 56?
ESPY 56 is operated by American Exploration Company, Railroad Commission of Texas operator number 018023.
Where is ESPY 56?
ESPY 56 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 151714.
Is ESPY 56 still producing?
ESPY 56 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ESPY 56 is August 2026.
How much has ESPY 56 produced?
ESPY 56 has reported 391,138 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 1994 and August 2026, from 1 wellbore.
How much is ESPY 56 worth?
The remaining production from ESPY 56 is estimated to be worth about $17K in total as of 26 August 2026, within a range of $10K to $25K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ESPY 56 is a fraction of it. The estimate fits an Arps decline curve to the production ESPY 56 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ESPY 56 is an estimate of value, not an offer and not an appraisal.
How much income does ESPY 56 generate in a year?
ESPY 56 is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ESPY 56 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

ESPY 56 as filed with the Railroad Commission of Texas
OperatorAmerican Exploration Company
FieldSawyer (Canyon)
CountySutton County, Texas
RRC district7C
Lease number151714
Wellbores1
Reported production391,138 mcf
First reported
Last reported
Estimated royalty value$17K

Where ESPY 56 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.