WHEAT -109-
WHEAT -109- is a Texas gas lease in Edwards County, Railroad Commission district 01, operated by Hamman Oil & Refining Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2001 to August 2026, totalling 206,139 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 $32K, with roughly $4K 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 230 thousand cubic feet a month. Its strongest month on the record we hold was January 2023, at 1,913 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 WHEAT -109-
- Who operates WHEAT -109-?
- WHEAT -109- is operated by Hamman Oil & Refining Company, Railroad Commission of Texas operator number 350200.
- Where is WHEAT -109-?
- WHEAT -109- is a Texas gas lease in Edwards County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 181672.
- Is WHEAT -109- still producing?
- WHEAT -109- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WHEAT -109- is August 2026.
- How much has WHEAT -109- produced?
- WHEAT -109- has reported 206,139 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2001 and August 2026, from 1 wellbore.
- How much is WHEAT -109- worth?
- The remaining production from WHEAT -109- is estimated to be worth about $32K in total as of 26 August 2026, within a range of $25K to $39K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WHEAT -109- is a fraction of it. The estimate fits an Arps decline curve to the production WHEAT -109- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WHEAT -109- is an estimate of value, not an offer and not an appraisal.
- How much income does WHEAT -109- generate in a year?
- WHEAT -109- is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WHEAT -109- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hamman Oil & Refining Company |
|---|---|
| Field | Frances Hill (Penn) |
| County | Edwards County, Texas |
| RRC district | 01 |
| Lease number | 181672 |
| Wellbores | 1 |
| Reported production | 206,139 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $32K |
Where WHEAT -109- 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.