WEDGMAN
WEDGMAN is a Texas gas lease in Limestone County, Railroad Commission district 05, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2004 to August 2026, totalling 489,115 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 $23K, with roughly $3K 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 106 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 2,069 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 WEDGMAN
- Who operates WEDGMAN?
- WEDGMAN is operated by Valence Operating Company, Railroad Commission of Texas operator number 881167.
- Where is WEDGMAN?
- WEDGMAN is a Texas gas lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 210653.
- Is WEDGMAN still producing?
- WEDGMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEDGMAN is August 2026.
- How much has WEDGMAN produced?
- WEDGMAN has reported 489,115 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2004 and August 2026, from 1 wellbore.
- How much is WEDGMAN worth?
- The remaining production from WEDGMAN is estimated to be worth about $23K in total as of 26 August 2026, within a range of $18K to $28K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEDGMAN is a fraction of it. The estimate fits an Arps decline curve to the production WEDGMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEDGMAN is an estimate of value, not an offer and not an appraisal.
- How much income does WEDGMAN generate in a year?
- WEDGMAN is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WEDGMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Valence Operating Company |
|---|---|
| Field | Freestone (Bossier Sand) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 210653 |
| Wellbores | 1 |
| Reported production | 489,115 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $23K |
Where WEDGMAN 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.