WALDRIP GAS UNIT
WALDRIP GAS UNIT is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Seely Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 125,920 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 $42K, with roughly $5K 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 210 thousand cubic feet a month. Its strongest month on the record we hold was August 2017, at 347 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 WALDRIP GAS UNIT
- Who operates WALDRIP GAS UNIT?
- WALDRIP GAS UNIT is operated by Seely Oil Company, Railroad Commission of Texas operator number 763148.
- Where is WALDRIP GAS UNIT?
- WALDRIP GAS UNIT is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 114989.
- Is WALDRIP GAS UNIT still producing?
- WALDRIP GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WALDRIP GAS UNIT is August 2026.
- How much has WALDRIP GAS UNIT produced?
- WALDRIP GAS UNIT has reported 125,920 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WALDRIP GAS UNIT worth?
- The remaining production from WALDRIP GAS UNIT is estimated to be worth about $42K in total as of 27 August 2026, within a range of $33K to $52K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WALDRIP GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WALDRIP GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WALDRIP GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WALDRIP GAS UNIT generate in a year?
- WALDRIP GAS UNIT is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WALDRIP GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seely Oil Company |
|---|---|
| Field | Boonsville (Bend Congl., Gas) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 114989 |
| Wellbores | 1 |
| Reported production | 125,920 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $42K |
Where WALDRIP GAS UNIT 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.