WARD, J. M. ESTATE
WARD, J. M. ESTATE is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Lobo Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 13,570 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 a standard royalty share at about $600, with roughly $76 expected over the next twelve months.
| Operator | Lobo Resources, Inc. |
|---|---|
| Field | Stephens County Regular (Gas) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 139853 |
| Wellbores | 1 |
| Reported production | 13,570 mcf |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $600 |
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.