CULBERTSON 16
CULBERTSON 16 is a Texas gas lease in Terrell County, Railroad Commission district 7C, operated by Conocophillips Company. It has 1 wellbore on file with the Commission. Reported production runs from July 2008 to August 2026, totalling 2,881,889 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 $169K, with roughly $44K 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 2,073 thousand cubic feet a month. Its strongest month on the record we hold was February 2021, at 9,503 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CULBERTSON 16
- Who operates CULBERTSON 16?
- CULBERTSON 16 is operated by Conocophillips Company, Railroad Commission of Texas operator number 172232.
- Where is CULBERTSON 16?
- CULBERTSON 16 is a Texas gas lease in Terrell County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 249490.
- Is CULBERTSON 16 still producing?
- CULBERTSON 16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CULBERTSON 16 is August 2026.
- How much has CULBERTSON 16 produced?
- CULBERTSON 16 has reported 2,881,889 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2008 and August 2026, from 1 wellbore.
- How much is CULBERTSON 16 worth?
- The remaining production from CULBERTSON 16 is estimated to be worth about $169K in total as of 27 August 2026, within a range of $140K to $198K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CULBERTSON 16 is a fraction of it. The estimate fits an Arps decline curve to the production CULBERTSON 16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CULBERTSON 16 is an estimate of value, not an offer and not an appraisal.
- How much income does CULBERTSON 16 generate in a year?
- CULBERTSON 16 is forecast to net about $44K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CULBERTSON 16 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conocophillips Company |
|---|---|
| Field | Deer Canyon (Upper Strawn) |
| County | Terrell County, Texas |
| RRC district | 7C |
| Lease number | 249490 |
| Wellbores | 1 |
| Reported production | 2,881,889 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $169K |
Where CULBERTSON 16 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.