LANCASTER MIPA
LANCASTER MIPA is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Tep Barnett USA, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2023 to August 2026, totalling 2,694,796 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 $6.2M, with roughly $1.1M 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 50,880 thousand cubic feet a month. Its strongest month on the record we hold was July 2023, at 159,209 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 MIPA
- Who operates LANCASTER MIPA?
- LANCASTER MIPA is operated by Tep Barnett USA, LLC, Railroad Commission of Texas operator number 842986.
- Where is LANCASTER MIPA?
- LANCASTER MIPA is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 294467.
- Is LANCASTER MIPA still producing?
- LANCASTER MIPA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LANCASTER MIPA is August 2026.
- How much has LANCASTER MIPA produced?
- LANCASTER MIPA has reported 2,694,796 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2023 and August 2026, from 1 wellbore.
- How much is LANCASTER MIPA worth?
- The remaining production from LANCASTER MIPA is estimated to be worth about $6.2M in total as of 27 August 2026, within a range of $5.1M to $7.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LANCASTER MIPA is a fraction of it. The estimate fits an Arps decline curve to the production LANCASTER MIPA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LANCASTER MIPA is an estimate of value, not an offer and not an appraisal.
- How much income does LANCASTER MIPA generate in a year?
- LANCASTER MIPA is forecast to net about $1.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LANCASTER MIPA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tep Barnett USA, LLC |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 294467 |
| Wellbores | 1 |
| Reported production | 2,694,796 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.2M |
Where LANCASTER MIPA 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.