WISE WEST STATE
WISE WEST STATE is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by Apr Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2017 to August 2026, totalling 4,212,327 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 $3.5M, with roughly $630K 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 16,127 thousand cubic feet a month. Its strongest month on the record we hold was January 2018, at 216,225 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 WISE WEST STATE
- Who operates WISE WEST STATE?
- WISE WEST STATE is operated by Apr Operating LLC, Railroad Commission of Texas operator number 028612.
- Where is WISE WEST STATE?
- WISE WEST STATE is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 283188.
- Is WISE WEST STATE still producing?
- WISE WEST STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WISE WEST STATE is August 2026.
- How much has WISE WEST STATE produced?
- WISE WEST STATE has reported 4,212,327 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2017 and August 2026, from 1 wellbore.
- How much is WISE WEST STATE worth?
- The remaining production from WISE WEST STATE is estimated to be worth about $3.5M in total as of 27 August 2026, within a range of $2.9M to $4.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WISE WEST STATE is a fraction of it. The estimate fits an Arps decline curve to the production WISE WEST STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WISE WEST STATE is an estimate of value, not an offer and not an appraisal.
- How much income does WISE WEST STATE generate in a year?
- WISE WEST STATE is forecast to net about $630K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WISE WEST STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apr Operating LLC |
|---|---|
| Field | Ford, West (Wolfcamp) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 283188 |
| Wellbores | 1 |
| Reported production | 4,212,327 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where WISE WEST STATE 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.