LINCOLN, W.P. 1312
LINCOLN, W.P. 1312 is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Enron Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,616,322 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 $193K, with roughly $29K 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 1,564 thousand cubic feet a month. Its strongest month on the record we hold was October 2018, at 2,739 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 LINCOLN, W.P. 1312
- Who operates LINCOLN, W.P. 1312?
- LINCOLN, W.P. 1312 is operated by Enron Oil & Gas Company, Railroad Commission of Texas operator number 253196.
- Where is LINCOLN, W.P. 1312?
- LINCOLN, W.P. 1312 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 116945.
- Is LINCOLN, W.P. 1312 still producing?
- LINCOLN, W.P. 1312 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LINCOLN, W.P. 1312 is August 2026.
- How much has LINCOLN, W.P. 1312 produced?
- LINCOLN, W.P. 1312 has reported 2,616,322 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is LINCOLN, W.P. 1312 worth?
- The remaining production from LINCOLN, W.P. 1312 is estimated to be worth about $193K in total as of 27 August 2026, within a range of $160K to $225K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LINCOLN, W.P. 1312 is a fraction of it. The estimate fits an Arps decline curve to the production LINCOLN, W.P. 1312 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LINCOLN, W.P. 1312 is an estimate of value, not an offer and not an appraisal.
- How much income does LINCOLN, W.P. 1312 generate in a year?
- LINCOLN, W.P. 1312 is forecast to net about $29K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LINCOLN, W.P. 1312 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enron Oil & Gas Company |
|---|---|
| Field | Big Cowboy (Lobo) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 116945 |
| Wellbores | 1 |
| Reported production | 2,616,322 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $193K |
Where LINCOLN, W.P. 1312 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.