WHEAT, JAMES ROLAND ET AL
WHEAT, JAMES ROLAND ET AL is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Midgard Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from May 1996 to August 2026, totalling 562,502 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 $36K, with roughly $7K 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 359 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 735 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 WHEAT, JAMES ROLAND ET AL
- Who operates WHEAT, JAMES ROLAND ET AL?
- WHEAT, JAMES ROLAND ET AL is operated by Midgard Energy Company, Railroad Commission of Texas operator number 565050.
- Where is WHEAT, JAMES ROLAND ET AL?
- WHEAT, JAMES ROLAND ET AL is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 159080.
- Is WHEAT, JAMES ROLAND ET AL still producing?
- WHEAT, JAMES ROLAND ET AL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WHEAT, JAMES ROLAND ET AL is August 2026.
- How much has WHEAT, JAMES ROLAND ET AL produced?
- WHEAT, JAMES ROLAND ET AL has reported 562,502 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 1996 and August 2026, from 1 wellbore.
- How much is WHEAT, JAMES ROLAND ET AL worth?
- The remaining production from WHEAT, JAMES ROLAND ET AL is estimated to be worth about $36K in total as of 27 August 2026, within a range of $28K to $44K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WHEAT, JAMES ROLAND ET AL is a fraction of it. The estimate fits an Arps decline curve to the production WHEAT, JAMES ROLAND ET AL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WHEAT, JAMES ROLAND ET AL is an estimate of value, not an offer and not an appraisal.
- How much income does WHEAT, JAMES ROLAND ET AL generate in a year?
- WHEAT, JAMES ROLAND ET AL is forecast to net about $7K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WHEAT, JAMES ROLAND ET AL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Midgard Energy Company |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 159080 |
| Wellbores | 1 |
| Reported production | 562,502 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $36K |
Where WHEAT, JAMES ROLAND ET AL 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.