SABINE RIVER STATE LEASE
SABINE RIVER STATE LEASE is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Will-Drill Production Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2003 to August 2026, totalling 638,448 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 $33K, 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 266 thousand cubic feet a month. Its strongest month on the record we hold was June 2023, at 2,901 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 SABINE RIVER STATE LEASE
- Who operates SABINE RIVER STATE LEASE?
- SABINE RIVER STATE LEASE is operated by Will-Drill Production Co., Inc., Railroad Commission of Texas operator number 924290.
- Where is SABINE RIVER STATE LEASE?
- SABINE RIVER STATE LEASE is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 198824.
- Is SABINE RIVER STATE LEASE still producing?
- SABINE RIVER STATE LEASE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SABINE RIVER STATE LEASE is August 2026.
- How much has SABINE RIVER STATE LEASE produced?
- SABINE RIVER STATE LEASE has reported 638,448 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2003 and August 2026, from 1 wellbore.
- How much is SABINE RIVER STATE LEASE worth?
- The remaining production from SABINE RIVER STATE LEASE is estimated to be worth about $33K in total as of 27 August 2026, within a range of $25K to $40K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SABINE RIVER STATE LEASE is a fraction of it. The estimate fits an Arps decline curve to the production SABINE RIVER STATE LEASE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SABINE RIVER STATE LEASE is an estimate of value, not an offer and not an appraisal.
- How much income does SABINE RIVER STATE LEASE generate in a year?
- SABINE RIVER STATE LEASE 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 SABINE RIVER STATE LEASE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Will-Drill Production Co., Inc. |
|---|---|
| Field | Tatum, North (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 198824 |
| Wellbores | 1 |
| Reported production | 638,448 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $33K |
Where SABINE RIVER STATE LEASE 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.