GEASLIN NW "187"
GEASLIN NW "187" is a Texas gas lease in Terrell County, Railroad Commission district 7C, operated by Fasken Oil And Ranch, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from April 2008 to August 2026, totalling 56,771 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 $3K, with roughly $438 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 56 thousand cubic feet a month. Its strongest month on the record we hold was July 2023, at 391 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 GEASLIN NW "187"
- Who operates GEASLIN NW "187"?
- GEASLIN NW "187" is operated by Fasken Oil And Ranch, Ltd., Railroad Commission of Texas operator number 263696.
- Where is GEASLIN NW "187"?
- GEASLIN NW "187" is a Texas gas lease in Terrell County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 244305.
- Is GEASLIN NW "187" still producing?
- GEASLIN NW "187" is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GEASLIN NW "187" is August 2026.
- How much has GEASLIN NW "187" produced?
- GEASLIN NW "187" has reported 56,771 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2008 and August 2026, from 1 wellbore.
- How much is GEASLIN NW "187" worth?
- The remaining production from GEASLIN NW "187" is estimated to be worth about $3K in total as of 27 August 2026, within a range of $2K to $5K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GEASLIN NW "187" is a fraction of it. The estimate fits an Arps decline curve to the production GEASLIN NW "187" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GEASLIN NW "187" is an estimate of value, not an offer and not an appraisal.
- How much income does GEASLIN NW "187" generate in a year?
- GEASLIN NW "187" is forecast to net about $438 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GEASLIN NW "187" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fasken Oil And Ranch, Ltd. |
|---|---|
| Field | Geaslin (Wolfcamp) |
| County | Terrell County, Texas |
| RRC district | 7C |
| Lease number | 244305 |
| Wellbores | 1 |
| Reported production | 56,771 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where GEASLIN NW "187" 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.