WRIGHT, W. P.
WRIGHT, W. P. is a Texas gas lease in Jim Wells County, Railroad Commission district 04, operated by Ruwco Oil And Gas Corp. It has 1 wellbore on file with the Commission. Reported production runs from August 2003 to August 2026, totalling 404,931 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 $28K, with roughly $4K 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 152 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 257 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 WRIGHT, W. P.
- Who operates WRIGHT, W. P.?
- WRIGHT, W. P. is operated by Ruwco Oil And Gas Corp., Railroad Commission of Texas operator number 739825.
- Where is WRIGHT, W. P.?
- WRIGHT, W. P. is a Texas gas lease in Jim Wells County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 198134.
- Is WRIGHT, W. P. still producing?
- WRIGHT, W. P. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WRIGHT, W. P. is August 2026.
- How much has WRIGHT, W. P. produced?
- WRIGHT, W. P. has reported 404,931 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2003 and August 2026, from 1 wellbore.
- How much is WRIGHT, W. P. worth?
- The remaining production from WRIGHT, W. P. is estimated to be worth about $28K in total as of 27 August 2026, within a range of $22K to $34K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WRIGHT, W. P. is a fraction of it. The estimate fits an Arps decline curve to the production WRIGHT, W. P. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WRIGHT, W. P. is an estimate of value, not an offer and not an appraisal.
- How much income does WRIGHT, W. P. generate in a year?
- WRIGHT, W. P. is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WRIGHT, W. P. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ruwco Oil And Gas Corp. |
|---|---|
| Field | Falfurrias (Frio 7250) |
| County | Jim Wells County, Texas |
| RRC district | 04 |
| Lease number | 198134 |
| Wellbores | 1 |
| Reported production | 404,931 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $28K |
Where WRIGHT, W. P. 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.