LANCASTER 3
LANCASTER 3 is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by Highmount Expl & Prod Texas LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2010 to August 2026, totalling 77,678 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 $6K, with roughly $774 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 33 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 180 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 LANCASTER 3
- Who operates LANCASTER 3?
- LANCASTER 3 is operated by Highmount Expl & Prod Texas LLC, Railroad Commission of Texas operator number 385842.
- Where is LANCASTER 3?
- LANCASTER 3 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 256772.
- Is LANCASTER 3 still producing?
- LANCASTER 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LANCASTER 3 is August 2026.
- How much has LANCASTER 3 produced?
- LANCASTER 3 has reported 77,678 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2010 and August 2026, from 1 wellbore.
- How much is LANCASTER 3 worth?
- The remaining production from LANCASTER 3 is estimated to be worth about $6K in total as of 26 August 2026, within a range of $3K to $9K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LANCASTER 3 is a fraction of it. The estimate fits an Arps decline curve to the production LANCASTER 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LANCASTER 3 is an estimate of value, not an offer and not an appraisal.
- How much income does LANCASTER 3 generate in a year?
- LANCASTER 3 is forecast to net about $774 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LANCASTER 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Highmount Expl & Prod Texas LLC |
|---|---|
| Field | Sawyer (Canyon) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 256772 |
| Wellbores | 1 |
| Reported production | 77,678 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $6K |
Where LANCASTER 3 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.