GARDNER
GARDNER is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by WTG Exploration. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 40,487 thousand cubic feet. The lease is intermittent. 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 $2K, with roughly $214 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 8 thousand cubic feet a month. Its strongest month on the record we hold was December 2020, at 162 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 GARDNER
- Who operates GARDNER?
- GARDNER is operated by WTG Exploration, Railroad Commission of Texas operator number 945220.
- Where is GARDNER?
- GARDNER is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 026795.
- Is GARDNER still producing?
- GARDNER is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GARDNER is August 2026.
- How much has GARDNER produced?
- GARDNER has reported 40,487 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GARDNER worth?
- The remaining production from GARDNER is estimated to be worth about $2K in total as of 26 August 2026, within a range of $0 to $3K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARDNER is a fraction of it. The estimate fits an Arps decline curve to the production GARDNER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARDNER is an estimate of value, not an offer and not an appraisal.
- How much income does GARDNER generate in a year?
- GARDNER is forecast to net about $214 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GARDNER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WTG Exploration |
|---|---|
| Field | Panhandle, East |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 026795 |
| Wellbores | 1 |
| Reported production | 40,487 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where GARDNER 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.