FIELDS "56"
FIELDS "56" is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by Graham Royalty, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 168,486 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 $39K, with roughly $6K 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 276 thousand cubic feet a month. Its strongest month on the record we hold was January 2025, at 294 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 "56"
- Who operates FIELDS "56"?
- FIELDS "56" is operated by Graham Royalty, Ltd., Railroad Commission of Texas operator number 324140.
- Where is FIELDS "56"?
- FIELDS "56" is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 140305.
- Is FIELDS "56" still producing?
- FIELDS "56" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FIELDS "56" is August 2026.
- How much has FIELDS "56" produced?
- FIELDS "56" has reported 168,486 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 "56" worth?
- The remaining production from FIELDS "56" is estimated to be worth about $39K in total as of 26 August 2026, within a range of $30K to $47K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FIELDS "56" is a fraction of it. The estimate fits an Arps decline curve to the production FIELDS "56" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FIELDS "56" is an estimate of value, not an offer and not an appraisal.
- How much income does FIELDS "56" generate in a year?
- FIELDS "56" is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FIELDS "56" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Graham Royalty, Ltd. |
|---|---|
| Field | Sawyer (Wolfcamp) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 140305 |
| Wellbores | 1 |
| Reported production | 168,486 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $39K |
Where FIELDS "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.