WESNER 247
WESNER 247 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Laredo Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2009 to August 2026, totalling 634,340 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 $253K, with roughly $41K 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 1,367 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 2,502 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 WESNER 247
- Who operates WESNER 247?
- WESNER 247 is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
- Where is WESNER 247?
- WESNER 247 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 254776.
- Is WESNER 247 still producing?
- WESNER 247 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WESNER 247 is August 2026.
- How much has WESNER 247 produced?
- WESNER 247 has reported 634,340 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2009 and August 2026, from 1 wellbore.
- How much is WESNER 247 worth?
- The remaining production from WESNER 247 is estimated to be worth about $253K in total as of 26 August 2026, within a range of $210K to $296K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WESNER 247 is a fraction of it. The estimate fits an Arps decline curve to the production WESNER 247 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WESNER 247 is an estimate of value, not an offer and not an appraisal.
- How much income does WESNER 247 generate in a year?
- WESNER 247 is forecast to net about $41K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WESNER 247 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Laredo Petroleum, Inc. |
|---|---|
| Field | Begert (10,200) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 254776 |
| Wellbores | 1 |
| Reported production | 634,340 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $253K |
Where WESNER 247 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.