WHEAT, ROLAND
WHEAT, ROLAND is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Strat Land Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2002 to August 2026, totalling 378,310 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 $48K, 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 435 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 1,585 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, ROLAND
- Who operates WHEAT, ROLAND?
- WHEAT, ROLAND is operated by Strat Land Exploration Company, Railroad Commission of Texas operator number 825420.
- Where is WHEAT, ROLAND?
- WHEAT, ROLAND is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 191407.
- Is WHEAT, ROLAND still producing?
- WHEAT, ROLAND is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WHEAT, ROLAND is August 2026.
- How much has WHEAT, ROLAND produced?
- WHEAT, ROLAND has reported 378,310 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2002 and August 2026, from 1 wellbore.
- How much is WHEAT, ROLAND worth?
- The remaining production from WHEAT, ROLAND is estimated to be worth about $48K in total as of 27 August 2026, within a range of $37K to $58K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WHEAT, ROLAND is a fraction of it. The estimate fits an Arps decline curve to the production WHEAT, ROLAND has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WHEAT, ROLAND is an estimate of value, not an offer and not an appraisal.
- How much income does WHEAT, ROLAND generate in a year?
- WHEAT, ROLAND 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, ROLAND receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Strat Land Exploration Company |
|---|---|
| Field | Coburn Lower (Lower Morrow) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 191407 |
| Wellbores | 1 |
| Reported production | 378,310 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $48K |
Where WHEAT, ROLAND 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.