WAMBLE, R. E. ESTATE
WAMBLE, R. E. ESTATE is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Maxus Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 452,820 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 $10K, with roughly $1K 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 53 thousand cubic feet a month. Its strongest month on the record we hold was January 2022, at 1,208 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 WAMBLE, R. E. ESTATE
- Who operates WAMBLE, R. E. ESTATE?
- WAMBLE, R. E. ESTATE is operated by Maxus Exploration Company, Railroad Commission of Texas operator number 534237.
- Where is WAMBLE, R. E. ESTATE?
- WAMBLE, R. E. ESTATE is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 032225.
- Is WAMBLE, R. E. ESTATE still producing?
- WAMBLE, R. E. ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WAMBLE, R. E. ESTATE is August 2026.
- How much has WAMBLE, R. E. ESTATE produced?
- WAMBLE, R. E. ESTATE has reported 452,820 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WAMBLE, R. E. ESTATE worth?
- The remaining production from WAMBLE, R. E. ESTATE is estimated to be worth about $10K in total as of 27 August 2026, within a range of $6K to $15K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WAMBLE, R. E. ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production WAMBLE, R. E. ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WAMBLE, R. E. ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does WAMBLE, R. E. ESTATE generate in a year?
- WAMBLE, R. E. ESTATE is forecast to net about $1K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WAMBLE, R. E. ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maxus Exploration Company |
|---|---|
| Field | Parsell (Morrow, Lower) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 032225 |
| Wellbores | 1 |
| Reported production | 452,820 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
Where WAMBLE, R. E. ESTATE 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.