CLEVELAND W

CLEVELAND W is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Primexx Operating Corporation. It has 1 wellbore on file with the Commission. Reported production runs from December 2006 to August 2026, totalling 1,902,807 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 $667K, with roughly $106K 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 4,187 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 7,243 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CLEVELAND W

Who operates CLEVELAND W?
CLEVELAND W is operated by Primexx Operating Corporation, Railroad Commission of Texas operator number 677852.
Where is CLEVELAND W?
CLEVELAND W is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 228247.
Is CLEVELAND W still producing?
CLEVELAND W is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLEVELAND W is August 2026.
How much has CLEVELAND W produced?
CLEVELAND W has reported 1,902,807 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2006 and August 2026, from 1 wellbore.
How much is CLEVELAND W worth?
The remaining production from CLEVELAND W is estimated to be worth about $667K in total as of 26 August 2026, within a range of $554K to $781K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLEVELAND W is a fraction of it. The estimate fits an Arps decline curve to the production CLEVELAND W has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLEVELAND W is an estimate of value, not an offer and not an appraisal.
How much income does CLEVELAND W generate in a year?
CLEVELAND W is forecast to net about $106K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLEVELAND W receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CLEVELAND W as filed with the Railroad Commission of Texas
OperatorPrimexx Operating Corporation
FieldNewark, East (Barnett Shale)
CountyWise County, Texas
RRC district09
Lease number228247
Wellbores1
Reported production1,902,807 mcf
First reported
Last reported
Estimated royalty value$667K

Where CLEVELAND W 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.