HANGING "W" RANCH
HANGING "W" RANCH is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Lakota Energy. It has 1 wellbore on file with the Commission. Reported production runs from October 1994 to August 2026, totalling 1,401,476 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 $257K, with roughly $39K 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 1,706 thousand cubic feet a month. Its strongest month on the record we hold was January 2026, at 2,937 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 HANGING "W" RANCH
- Who operates HANGING "W" RANCH?
- HANGING "W" RANCH is operated by Lakota Energy, Railroad Commission of Texas operator number 483655.
- Where is HANGING "W" RANCH?
- HANGING "W" RANCH is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 151908.
- Is HANGING "W" RANCH still producing?
- HANGING "W" RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HANGING "W" RANCH is August 2026.
- How much has HANGING "W" RANCH produced?
- HANGING "W" RANCH has reported 1,401,476 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 1994 and August 2026, from 1 wellbore.
- How much is HANGING "W" RANCH worth?
- The remaining production from HANGING "W" RANCH is estimated to be worth about $257K in total as of 26 August 2026, within a range of $213K to $300K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HANGING "W" RANCH is a fraction of it. The estimate fits an Arps decline curve to the production HANGING "W" RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HANGING "W" RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does HANGING "W" RANCH generate in a year?
- HANGING "W" RANCH is forecast to net about $39K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HANGING "W" RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lakota Energy |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 151908 |
| Wellbores | 1 |
| Reported production | 1,401,476 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $257K |
Where HANGING "W" RANCH 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.