GEASLIN SE "204"
GEASLIN SE "204" 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 December 2005 to August 2026, totalling 285,932 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 $15K, with roughly $2K 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 253 thousand cubic feet a month. Its strongest month on the record we hold was April 2025, at 2,151 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 GEASLIN SE "204"
- Who operates GEASLIN SE "204"?
- GEASLIN SE "204" is operated by Fasken Oil And Ranch, Ltd., Railroad Commission of Texas operator number 263696.
- Where is GEASLIN SE "204"?
- GEASLIN SE "204" is a Texas gas lease in Terrell County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 215737.
- Is GEASLIN SE "204" still producing?
- GEASLIN SE "204" is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GEASLIN SE "204" is August 2026.
- How much has GEASLIN SE "204" produced?
- GEASLIN SE "204" has reported 285,932 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2005 and August 2026, from 1 wellbore.
- How much is GEASLIN SE "204" worth?
- The remaining production from GEASLIN SE "204" is estimated to be worth about $15K in total as of 27 August 2026, within a range of $12K to $19K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GEASLIN SE "204" is a fraction of it. The estimate fits an Arps decline curve to the production GEASLIN SE "204" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GEASLIN SE "204" is an estimate of value, not an offer and not an appraisal.
- How much income does GEASLIN SE "204" generate in a year?
- GEASLIN SE "204" is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GEASLIN SE "204" 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 | 215737 |
| Wellbores | 1 |
| Reported production | 285,932 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $15K |
Where GEASLIN SE "204" 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.