WITT GAS UNIT -B-
WITT GAS UNIT -B- is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by BP America Production Company. It has 1 wellbore on file with the Commission. Reported production runs from October 2008 to August 2026, totalling 325,306 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 $150K, with roughly $23K 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 978 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 2,262 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 WITT GAS UNIT -B-
- Who operates WITT GAS UNIT -B-?
- WITT GAS UNIT -B- is operated by BP America Production Company, Railroad Commission of Texas operator number 040798.
- Where is WITT GAS UNIT -B-?
- WITT GAS UNIT -B- is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 244484.
- Is WITT GAS UNIT -B- still producing?
- WITT GAS UNIT -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WITT GAS UNIT -B- is August 2026.
- How much has WITT GAS UNIT -B- produced?
- WITT GAS UNIT -B- has reported 325,306 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2008 and August 2026, from 1 wellbore.
- How much is WITT GAS UNIT -B- worth?
- The remaining production from WITT GAS UNIT -B- is estimated to be worth about $150K in total as of 27 August 2026, within a range of $117K to $182K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WITT GAS UNIT -B- is a fraction of it. The estimate fits an Arps decline curve to the production WITT GAS UNIT -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WITT GAS UNIT -B- is an estimate of value, not an offer and not an appraisal.
- How much income does WITT GAS UNIT -B- generate in a year?
- WITT GAS UNIT -B- is forecast to net about $23K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WITT GAS UNIT -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BP America Production Company |
|---|---|
| Field | Texas Hugoton |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 244484 |
| Wellbores | 1 |
| Reported production | 325,306 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $150K |
Where WITT GAS UNIT -B- 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.