LOTT
LOTT is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Forest Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 2009 to August 2026, totalling 524,683 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 $209K, with roughly $47K 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 617 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 2,468 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 LOTT
- Who operates LOTT?
- LOTT is operated by Forest Oil Corporation, Railroad Commission of Texas operator number 275740.
- Where is LOTT?
- LOTT is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 251183.
- Is LOTT still producing?
- LOTT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOTT is August 2026.
- How much has LOTT produced?
- LOTT has reported 524,683 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2009 and August 2026, from 1 wellbore.
- How much is LOTT worth?
- The remaining production from LOTT is estimated to be worth about $209K in total as of 26 August 2026, within a range of $163K to $255K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOTT is a fraction of it. The estimate fits an Arps decline curve to the production LOTT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOTT is an estimate of value, not an offer and not an appraisal.
- How much income does LOTT generate in a year?
- LOTT is forecast to net about $47K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOTT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Forest Oil Corporation |
|---|---|
| Field | Lott Ranch (Granite Wash -A-) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 251183 |
| Wellbores | 1 |
| Reported production | 524,683 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $209K |
Where LOTT 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.