WATT-COLVIN
WATT-COLVIN is a Texas gas lease in Lee County, Railroad Commission district 03, operated by Anchor Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from July 1999 to August 2026, totalling 14,315 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 $2K, with roughly $194 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 21 thousand cubic feet a month. Its strongest month on the record we hold was November 2023, at 124 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 WATT-COLVIN
- Who operates WATT-COLVIN?
- WATT-COLVIN is operated by Anchor Operating Co., Railroad Commission of Texas operator number 020596.
- Where is WATT-COLVIN?
- WATT-COLVIN is a Texas gas lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 173743.
- Is WATT-COLVIN still producing?
- WATT-COLVIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WATT-COLVIN is August 2026.
- How much has WATT-COLVIN produced?
- WATT-COLVIN has reported 14,315 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 1999 and August 2026, from 1 wellbore.
- How much is WATT-COLVIN worth?
- The remaining production from WATT-COLVIN is estimated to be worth about $2K in total as of 26 August 2026, within a range of $845 to $2K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WATT-COLVIN is a fraction of it. The estimate fits an Arps decline curve to the production WATT-COLVIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WATT-COLVIN is an estimate of value, not an offer and not an appraisal.
- How much income does WATT-COLVIN generate in a year?
- WATT-COLVIN is forecast to net about $194 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WATT-COLVIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anchor Operating Co. |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 173743 |
| Wellbores | 1 |
| Reported production | 14,315 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where WATT-COLVIN 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.