FIELDS 15
FIELDS 15 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 January 1993 to August 2026, totalling 378,210 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 $42K, 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 218 thousand cubic feet a month. Its strongest month on the record we hold was February 2020, at 402 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 FIELDS 15
- Who operates FIELDS 15?
- FIELDS 15 is operated by American Exploration Company, Railroad Commission of Texas operator number 018023.
- Where is FIELDS 15?
- FIELDS 15 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 061269.
- Is FIELDS 15 still producing?
- FIELDS 15 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FIELDS 15 is August 2026.
- How much has FIELDS 15 produced?
- FIELDS 15 has reported 378,210 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FIELDS 15 worth?
- The remaining production from FIELDS 15 is estimated to be worth about $42K in total as of 26 August 2026, within a range of $32K to $51K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FIELDS 15 is a fraction of it. The estimate fits an Arps decline curve to the production FIELDS 15 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FIELDS 15 is an estimate of value, not an offer and not an appraisal.
- How much income does FIELDS 15 generate in a year?
- FIELDS 15 is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FIELDS 15 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Exploration Company |
|---|---|
| Field | Sawyer (Canyon) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 061269 |
| Wellbores | 1 |
| Reported production | 378,210 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $42K |
Where FIELDS 15 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.