WATERS 240
WATERS 240 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Presidio Petroleum Llc. It has 1 wellbore on file with the Commission. Reported production runs from May 2019 to August 2026, totalling 183,049 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 a standard royalty share at about $11K, with roughly $3K expected over the next twelve months.
| Operator | Presidio Petroleum Llc |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 290784 |
| Wellbores | 1 |
| Reported production | 183,049 mcf |
| First reported | May 2019 |
| Last reported | August 2026 |
| Estimated royalty value | $11K |
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.