GEARY WATTS-STRAIT LAS
GEARY WATTS-STRAIT LAS is a Texas gas lease in La Salle County, Railroad Commission district 01, operated by Trinity Operating (Usg), LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2019 to August 2026, totalling 998,535 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 $896K, with roughly $394K 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 5,862 thousand cubic feet a month. Its strongest month on the record we hold was September 2019, at 42,450 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GEARY WATTS-STRAIT LAS
- Who operates GEARY WATTS-STRAIT LAS?
- GEARY WATTS-STRAIT LAS is operated by Trinity Operating (Usg), LLC, Railroad Commission of Texas operator number 870209.
- Where is GEARY WATTS-STRAIT LAS?
- GEARY WATTS-STRAIT LAS is a Texas gas lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 300001.
- Is GEARY WATTS-STRAIT LAS still producing?
- GEARY WATTS-STRAIT LAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GEARY WATTS-STRAIT LAS is August 2026.
- How much has GEARY WATTS-STRAIT LAS produced?
- GEARY WATTS-STRAIT LAS has reported 998,535 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2019 and August 2026, from 1 wellbore.
- How much is GEARY WATTS-STRAIT LAS worth?
- The remaining production from GEARY WATTS-STRAIT LAS is estimated to be worth about $896K in total as of 26 August 2026, within a range of $744K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GEARY WATTS-STRAIT LAS is a fraction of it. The estimate fits an Arps decline curve to the production GEARY WATTS-STRAIT LAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GEARY WATTS-STRAIT LAS is an estimate of value, not an offer and not an appraisal.
- How much income does GEARY WATTS-STRAIT LAS generate in a year?
- GEARY WATTS-STRAIT LAS is forecast to net about $394K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GEARY WATTS-STRAIT LAS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Trinity Operating (Usg), LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 300001 |
| Wellbores | 1 |
| Reported production | 998,535 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $896K |
Where GEARY WATTS-STRAIT LAS 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.