WIESE GAS UNIT
WIESE GAS UNIT is a Texas gas lease in Madison County, Railroad Commission district 03, operated by Lapco Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 498,174 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 $106K, with roughly $21K 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 897 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 1,868 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 WIESE GAS UNIT
- Who operates WIESE GAS UNIT?
- WIESE GAS UNIT is operated by Lapco Oil & Gas Company, Railroad Commission of Texas operator number 485870.
- Where is WIESE GAS UNIT?
- WIESE GAS UNIT is a Texas gas lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 093869.
- Is WIESE GAS UNIT still producing?
- WIESE GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WIESE GAS UNIT is August 2026.
- How much has WIESE GAS UNIT produced?
- WIESE GAS UNIT has reported 498,174 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WIESE GAS UNIT worth?
- The remaining production from WIESE GAS UNIT is estimated to be worth about $106K in total as of 26 August 2026, within a range of $83K to $129K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WIESE GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WIESE GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WIESE GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WIESE GAS UNIT generate in a year?
- WIESE GAS UNIT is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WIESE GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lapco Oil & Gas Company |
|---|---|
| Field | Madisonville (Sub-Clark, Gas) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 093869 |
| Wellbores | 1 |
| Reported production | 498,174 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $106K |
Where WIESE GAS UNIT 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.