FLORENCE 28
FLORENCE 28 is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by Staley Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 470,080 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 $22K, with roughly $3K 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 146 thousand cubic feet a month. Its strongest month on the record we hold was February 2024, at 1,538 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 FLORENCE 28
- Who operates FLORENCE 28?
- FLORENCE 28 is operated by Staley Operating Co., Railroad Commission of Texas operator number 811415.
- Where is FLORENCE 28?
- FLORENCE 28 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 094949.
- Is FLORENCE 28 still producing?
- FLORENCE 28 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FLORENCE 28 is August 2026.
- How much has FLORENCE 28 produced?
- FLORENCE 28 has reported 470,080 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FLORENCE 28 worth?
- The remaining production from FLORENCE 28 is estimated to be worth about $22K in total as of 26 August 2026, within a range of $17K to $27K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLORENCE 28 is a fraction of it. The estimate fits an Arps decline curve to the production FLORENCE 28 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLORENCE 28 is an estimate of value, not an offer and not an appraisal.
- How much income does FLORENCE 28 generate in a year?
- FLORENCE 28 is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FLORENCE 28 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Staley Operating Co. |
|---|---|
| Field | Phyllis Sonora (Canyon Lower) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 094949 |
| Wellbores | 1 |
| Reported production | 470,080 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $22K |
Where FLORENCE 28 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.