TEXAS TWO STEP WC
TEXAS TWO STEP WC is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by Conocophillips Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 771,318 thousand cubic feet. The lease is shut in. 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 $691, with roughly $87 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 2 thousand cubic feet a month. Its strongest month on the record we hold was April 2019, at 60,964 thousand cubic feet.
Key facts about TEXAS TWO STEP WC
- Who operates TEXAS TWO STEP WC?
- TEXAS TWO STEP WC is operated by Conocophillips Company, Railroad Commission of Texas operator number 172232.
- Where is TEXAS TWO STEP WC?
- TEXAS TWO STEP WC is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 279051.
- Is TEXAS TWO STEP WC still producing?
- TEXAS TWO STEP WC is shut in. The most recent month of production reported to the Railroad Commission of Texas for TEXAS TWO STEP WC is August 2026.
- How much has TEXAS TWO STEP WC produced?
- TEXAS TWO STEP WC has reported 771,318 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2015 and August 2026, from 1 wellbore.
- How much is TEXAS TWO STEP WC worth?
- The remaining production from TEXAS TWO STEP WC is estimated to be worth about $691 in total as of 27 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXAS TWO STEP WC is a fraction of it. The estimate fits an Arps decline curve to the production TEXAS TWO STEP WC has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXAS TWO STEP WC is an estimate of value, not an offer and not an appraisal.
- How much income does TEXAS TWO STEP WC generate in a year?
- TEXAS TWO STEP WC is forecast to net about $87 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TEXAS TWO STEP WC receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conocophillips Company |
|---|---|
| Field | Ford, West (Wolfcamp) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 279051 |
| Wellbores | 1 |
| Reported production | 771,318 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $691 |
Where TEXAS TWO STEP WC 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.