MEDICINE BOW 56-1-11
MEDICINE BOW 56-1-11 is a Texas gas lease in Loving County, Railroad Commission district 08, operated by WPX Energy Permian, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2024 to August 2026, totalling 648,467 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 $9.5M, with roughly $3.6M 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 50,078 thousand cubic feet a month. Its strongest month on the record we hold was May 2025, at 90,174 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 MEDICINE BOW 56-1-11
- Who operates MEDICINE BOW 56-1-11?
- MEDICINE BOW 56-1-11 is operated by WPX Energy Permian, LLC, Railroad Commission of Texas operator number 942623.
- Where is MEDICINE BOW 56-1-11?
- MEDICINE BOW 56-1-11 is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 299269.
- Is MEDICINE BOW 56-1-11 still producing?
- MEDICINE BOW 56-1-11 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEDICINE BOW 56-1-11 is August 2026.
- How much has MEDICINE BOW 56-1-11 produced?
- MEDICINE BOW 56-1-11 has reported 648,467 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2024 and August 2026, from 1 wellbore.
- How much is MEDICINE BOW 56-1-11 worth?
- The remaining production from MEDICINE BOW 56-1-11 is estimated to be worth about $9.5M in total as of 26 August 2026, within a range of $7.8M to $11.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEDICINE BOW 56-1-11 is a fraction of it. The estimate fits an Arps decline curve to the production MEDICINE BOW 56-1-11 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEDICINE BOW 56-1-11 is an estimate of value, not an offer and not an appraisal.
- How much income does MEDICINE BOW 56-1-11 generate in a year?
- MEDICINE BOW 56-1-11 is forecast to net about $3.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MEDICINE BOW 56-1-11 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WPX Energy Permian, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 299269 |
| Wellbores | 1 |
| Reported production | 648,467 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.5M |
Where MEDICINE BOW 56-1-11 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.