WATKINS
WATKINS is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 3,568,184 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 $1.5M, with roughly $223K 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 9,759 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 13,960 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 WATKINS
- Who operates WATKINS?
- WATKINS is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is WATKINS?
- WATKINS is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 244097.
- Is WATKINS still producing?
- WATKINS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WATKINS is August 2026.
- How much has WATKINS produced?
- WATKINS has reported 3,568,184 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2008 and August 2026, from 1 wellbore.
- How much is WATKINS worth?
- The remaining production from WATKINS is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WATKINS is a fraction of it. The estimate fits an Arps decline curve to the production WATKINS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WATKINS is an estimate of value, not an offer and not an appraisal.
- How much income does WATKINS generate in a year?
- WATKINS is forecast to net about $223K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WATKINS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 244097 |
| Wellbores | 1 |
| Reported production | 3,568,184 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where WATKINS 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.