PHILIPS, VASTINE
PHILIPS, VASTINE is a Texas gas lease in Fayette County, Railroad Commission district 03, operated by Williams, Clayton Energy, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 745,649 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 $69K, with roughly $15K 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 516 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 2,122 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 PHILIPS, VASTINE
- Who operates PHILIPS, VASTINE?
- PHILIPS, VASTINE is operated by Williams, Clayton Energy, L.L.C, Railroad Commission of Texas operator number 924625.
- Where is PHILIPS, VASTINE?
- PHILIPS, VASTINE is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 101641.
- Is PHILIPS, VASTINE still producing?
- PHILIPS, VASTINE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHILIPS, VASTINE is August 2026.
- How much has PHILIPS, VASTINE produced?
- PHILIPS, VASTINE has reported 745,649 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PHILIPS, VASTINE worth?
- The remaining production from PHILIPS, VASTINE is estimated to be worth about $69K in total as of 26 August 2026, within a range of $54K to $84K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHILIPS, VASTINE is a fraction of it. The estimate fits an Arps decline curve to the production PHILIPS, VASTINE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHILIPS, VASTINE is an estimate of value, not an offer and not an appraisal.
- How much income does PHILIPS, VASTINE generate in a year?
- PHILIPS, VASTINE is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PHILIPS, VASTINE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Williams, Clayton Energy, L.L.C |
|---|---|
| Field | Giddings (Edwards, Gas) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 101641 |
| Wellbores | 1 |
| Reported production | 745,649 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $69K |
Where PHILIPS, VASTINE 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.