FARMER-STRICKLAND
FARMER-STRICKLAND is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Eagle Oil & Gas Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 273,565 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 $71K, with roughly $11K 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 433 thousand cubic feet a month. Its strongest month on the record we hold was June 2023, at 539 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 FARMER-STRICKLAND
- Who operates FARMER-STRICKLAND?
- FARMER-STRICKLAND is operated by Eagle Oil & Gas Co., Railroad Commission of Texas operator number 238634.
- Where is FARMER-STRICKLAND?
- FARMER-STRICKLAND is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 109412.
- Is FARMER-STRICKLAND still producing?
- FARMER-STRICKLAND is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FARMER-STRICKLAND is August 2026.
- How much has FARMER-STRICKLAND produced?
- FARMER-STRICKLAND has reported 273,565 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FARMER-STRICKLAND worth?
- The remaining production from FARMER-STRICKLAND is estimated to be worth about $71K in total as of 26 August 2026, within a range of $56K to $87K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FARMER-STRICKLAND is a fraction of it. The estimate fits an Arps decline curve to the production FARMER-STRICKLAND has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FARMER-STRICKLAND is an estimate of value, not an offer and not an appraisal.
- How much income does FARMER-STRICKLAND generate in a year?
- FARMER-STRICKLAND is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FARMER-STRICKLAND receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eagle Oil & Gas Co. |
|---|---|
| Field | Wise County Regular (Gas) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 109412 |
| Wellbores | 1 |
| Reported production | 273,565 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $71K |
Where FARMER-STRICKLAND 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.