WAYNE 88
WAYNE 88 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Le Norman Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 731,039 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 $157K, with roughly $33K 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 1,305 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 5,120 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 WAYNE 88
- Who operates WAYNE 88?
- WAYNE 88 is operated by Le Norman Operating LLC, Railroad Commission of Texas operator number 491579.
- Where is WAYNE 88?
- WAYNE 88 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 268012.
- Is WAYNE 88 still producing?
- WAYNE 88 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WAYNE 88 is August 2026.
- How much has WAYNE 88 produced?
- WAYNE 88 has reported 731,039 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2012 and August 2026, from 1 wellbore.
- How much is WAYNE 88 worth?
- The remaining production from WAYNE 88 is estimated to be worth about $157K in total as of 26 August 2026, within a range of $130K to $183K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WAYNE 88 is a fraction of it. The estimate fits an Arps decline curve to the production WAYNE 88 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WAYNE 88 is an estimate of value, not an offer and not an appraisal.
- How much income does WAYNE 88 generate in a year?
- WAYNE 88 is forecast to net about $33K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WAYNE 88 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Le Norman Operating LLC |
|---|---|
| Field | Hemphill (Granite Wash.) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 268012 |
| Wellbores | 1 |
| Reported production | 731,039 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $157K |
Where WAYNE 88 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.