WAGGONER
WAGGONER is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Courson Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 800,283 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 $248K, with roughly $38K 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 1,717 thousand cubic feet a month. Its strongest month on the record we hold was March 2025, at 2,557 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 WAGGONER
- Who operates WAGGONER?
- WAGGONER is operated by Courson Oil & Gas, Inc., Railroad Commission of Texas operator number 182785.
- Where is WAGGONER?
- WAGGONER is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 078594.
- Is WAGGONER still producing?
- WAGGONER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WAGGONER is August 2026.
- How much has WAGGONER produced?
- WAGGONER has reported 800,283 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WAGGONER worth?
- The remaining production from WAGGONER is estimated to be worth about $248K in total as of 27 August 2026, within a range of $206K to $291K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WAGGONER is a fraction of it. The estimate fits an Arps decline curve to the production WAGGONER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WAGGONER is an estimate of value, not an offer and not an appraisal.
- How much income does WAGGONER generate in a year?
- WAGGONER is forecast to net about $38K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WAGGONER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Courson Oil & Gas, Inc. |
|---|---|
| Field | Hanna Lake (Morrow Middle) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 078594 |
| Wellbores | 1 |
| Reported production | 800,283 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $248K |
Where WAGGONER 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.