WINGATE
WINGATE is a Texas gas lease in Fort Bend County, Railroad Commission district 03, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from October 1995 to August 2026, totalling 9,431,864 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 $485K, with roughly $85K 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 2,258 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 8,667 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 WINGATE
- Who operates WINGATE?
- WINGATE is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is WINGATE?
- WINGATE is a Texas gas lease in Fort Bend County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 157039.
- Is WINGATE still producing?
- WINGATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WINGATE is August 2026.
- How much has WINGATE produced?
- WINGATE has reported 9,431,864 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 1995 and August 2026, from 1 wellbore.
- How much is WINGATE worth?
- The remaining production from WINGATE is estimated to be worth about $485K in total as of 27 August 2026, within a range of $403K to $567K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WINGATE is a fraction of it. The estimate fits an Arps decline curve to the production WINGATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WINGATE is an estimate of value, not an offer and not an appraisal.
- How much income does WINGATE generate in a year?
- WINGATE is forecast to net about $85K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WINGATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Cooley (Wilcox, Upper) |
| County | Fort Bend County, Texas |
| RRC district | 03 |
| Lease number | 157039 |
| Wellbores | 1 |
| Reported production | 9,431,864 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $485K |
Where WINGATE 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.