WAULS LEGION
WAULS LEGION is a Texas gas lease in Washington County, Railroad Commission district 03, operated by Geosouthern Operating II, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2022 to August 2026, totalling 4,408,970 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 $2.9M, with roughly $502K 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 24,688 thousand cubic feet a month. Its strongest month on the record we hold was April 2022, at 521,692 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 WAULS LEGION
- Who operates WAULS LEGION?
- WAULS LEGION is operated by Geosouthern Operating II, LLC, Railroad Commission of Texas operator number 301273.
- Where is WAULS LEGION?
- WAULS LEGION is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 292590.
- Is WAULS LEGION still producing?
- WAULS LEGION is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WAULS LEGION is August 2026.
- How much has WAULS LEGION produced?
- WAULS LEGION has reported 4,408,970 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2022 and August 2026, from 1 wellbore.
- How much is WAULS LEGION worth?
- The remaining production from WAULS LEGION is estimated to be worth about $2.9M in total as of 26 August 2026, within a range of $2.4M to $3.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WAULS LEGION is a fraction of it. The estimate fits an Arps decline curve to the production WAULS LEGION has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WAULS LEGION is an estimate of value, not an offer and not an appraisal.
- How much income does WAULS LEGION generate in a year?
- WAULS LEGION is forecast to net about $502K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WAULS LEGION receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Geosouthern Operating II, LLC |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 292590 |
| Wellbores | 1 |
| Reported production | 4,408,970 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.9M |
Where WAULS LEGION 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.