WARNER
WARNER is a Texas gas lease in Cherokee County, Railroad Commission district 06, operated by Nadel & Gussman. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 626,105 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 $58K, with roughly $9K 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 395 thousand cubic feet a month. Its strongest month on the record we hold was June 2019, at 1,220 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 WARNER
- Who operates WARNER?
- WARNER is operated by Nadel & Gussman, Railroad Commission of Texas operator number 598930.
- Where is WARNER?
- WARNER is a Texas gas lease in Cherokee County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 105115.
- Is WARNER still producing?
- WARNER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WARNER is August 2026.
- How much has WARNER produced?
- WARNER has reported 626,105 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WARNER worth?
- The remaining production from WARNER is estimated to be worth about $58K in total as of 26 August 2026, within a range of $45K to $71K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WARNER is a fraction of it. The estimate fits an Arps decline curve to the production WARNER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WARNER is an estimate of value, not an offer and not an appraisal.
- How much income does WARNER generate in a year?
- WARNER is forecast to net about $9K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WARNER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Nadel & Gussman |
|---|---|
| Field | Doyle Creek (Travis Peak) |
| County | Cherokee County, Texas |
| RRC district | 06 |
| Lease number | 105115 |
| Wellbores | 1 |
| Reported production | 626,105 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $58K |
Where WARNER 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.