WARDLAY
WARDLAY is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Range Production Company. It has 1 wellbore on file with the Commission. Reported production runs from December 2006 to August 2026, totalling 1,876,606 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 $368K, with roughly $61K 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 2,687 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 11,680 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 WARDLAY
- Who operates WARDLAY?
- WARDLAY is operated by Range Production Company, Railroad Commission of Texas operator number 691703.
- Where is WARDLAY?
- WARDLAY is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 231504.
- Is WARDLAY still producing?
- WARDLAY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WARDLAY is August 2026.
- How much has WARDLAY produced?
- WARDLAY has reported 1,876,606 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2006 and August 2026, from 1 wellbore.
- How much is WARDLAY worth?
- The remaining production from WARDLAY is estimated to be worth about $368K in total as of 27 August 2026, within a range of $306K to $431K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WARDLAY is a fraction of it. The estimate fits an Arps decline curve to the production WARDLAY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WARDLAY is an estimate of value, not an offer and not an appraisal.
- How much income does WARDLAY generate in a year?
- WARDLAY is forecast to net about $61K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WARDLAY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Range Production Company |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 231504 |
| Wellbores | 1 |
| Reported production | 1,876,606 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $368K |
Where WARDLAY 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.