GOVT. WELLS, N.
GOVT. WELLS, N. is a Texas gas lease in Duval County, Railroad Commission district 04, operated by El Campo Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2003 to August 2026, totalling 150,948 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 $5K, with roughly $674 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 49 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 823 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 GOVT. WELLS, N.
- Who operates GOVT. WELLS, N.?
- GOVT. WELLS, N. is operated by El Campo Operating, LLC, Railroad Commission of Texas operator number 246651.
- Where is GOVT. WELLS, N.?
- GOVT. WELLS, N. is a Texas gas lease in Duval County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 198152.
- Is GOVT. WELLS, N. still producing?
- GOVT. WELLS, N. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOVT. WELLS, N. is August 2026.
- How much has GOVT. WELLS, N. produced?
- GOVT. WELLS, N. has reported 150,948 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2003 and August 2026, from 1 wellbore.
- How much is GOVT. WELLS, N. worth?
- The remaining production from GOVT. WELLS, N. is estimated to be worth about $5K in total as of 27 August 2026, within a range of $3K to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOVT. WELLS, N. is a fraction of it. The estimate fits an Arps decline curve to the production GOVT. WELLS, N. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOVT. WELLS, N. is an estimate of value, not an offer and not an appraisal.
- How much income does GOVT. WELLS, N. generate in a year?
- GOVT. WELLS, N. is forecast to net about $674 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GOVT. WELLS, N. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | El Campo Operating, LLC |
|---|---|
| Field | Government Wells, N. (1400) |
| County | Duval County, Texas |
| RRC district | 04 |
| Lease number | 198152 |
| Wellbores | 1 |
| Reported production | 150,948 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $5K |
Where GOVT. WELLS, N. 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.