LUCKY
LUCKY is a Texas gas lease in Washington County, Railroad Commission district 03, operated by Gemini Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from March 1994 to August 2026, totalling 715,119 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 $177K, with roughly $32K 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 91 thousand cubic feet a month. Its strongest month on the record we hold was February 2018, at 1,183 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 LUCKY
- Who operates LUCKY?
- LUCKY is operated by Gemini Exploration Company, Railroad Commission of Texas operator number 298891.
- Where is LUCKY?
- LUCKY is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 149585.
- Is LUCKY still producing?
- LUCKY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LUCKY is August 2026.
- How much has LUCKY produced?
- LUCKY has reported 715,119 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 1994 and August 2026, from 1 wellbore.
- How much is LUCKY worth?
- The remaining production from LUCKY is estimated to be worth about $177K in total as of 27 August 2026, within a range of $97K to $256K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LUCKY is a fraction of it. The estimate fits an Arps decline curve to the production LUCKY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LUCKY is an estimate of value, not an offer and not an appraisal.
- How much income does LUCKY generate in a year?
- LUCKY is forecast to net about $32K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LUCKY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gemini Exploration Company |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 149585 |
| Wellbores | 1 |
| Reported production | 715,119 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $177K |
Where LUCKY 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.