WEBB 187
WEBB 187 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Unit Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 1,643,397 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 $155K, with roughly $40K 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 1,558 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 8,740 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 WEBB 187
- Who operates WEBB 187?
- WEBB 187 is operated by Unit Petroleum Company, Railroad Commission of Texas operator number 877099.
- Where is WEBB 187?
- WEBB 187 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 267516.
- Is WEBB 187 still producing?
- WEBB 187 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEBB 187 is August 2026.
- How much has WEBB 187 produced?
- WEBB 187 has reported 1,643,397 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2012 and August 2026, from 1 wellbore.
- How much is WEBB 187 worth?
- The remaining production from WEBB 187 is estimated to be worth about $155K in total as of 26 August 2026, within a range of $129K to $182K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEBB 187 is a fraction of it. The estimate fits an Arps decline curve to the production WEBB 187 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEBB 187 is an estimate of value, not an offer and not an appraisal.
- How much income does WEBB 187 generate in a year?
- WEBB 187 is forecast to net about $40K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WEBB 187 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Unit Petroleum Company |
|---|---|
| Field | Mendota, NW. (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 267516 |
| Wellbores | 1 |
| Reported production | 1,643,397 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $155K |
Where WEBB 187 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.