WILLIS
WILLIS is a Texas gas lease in Limestone County, Railroad Commission district 05, operated by Marathon Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from April 1998 to August 2026, totalling 5,797,738 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 $83K, with roughly $19K 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 1,032 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 22,248 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 WILLIS
- Who operates WILLIS?
- WILLIS is operated by Marathon Oil Company, Railroad Commission of Texas operator number 525380.
- Where is WILLIS?
- WILLIS is a Texas gas lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 169108.
- Is WILLIS still producing?
- WILLIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WILLIS is August 2026.
- How much has WILLIS produced?
- WILLIS has reported 5,797,738 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 1998 and August 2026, from 1 wellbore.
- How much is WILLIS worth?
- The remaining production from WILLIS is estimated to be worth about $83K in total as of 27 August 2026, within a range of $69K to $97K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WILLIS is a fraction of it. The estimate fits an Arps decline curve to the production WILLIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WILLIS is an estimate of value, not an offer and not an appraisal.
- How much income does WILLIS generate in a year?
- WILLIS is forecast to net about $19K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WILLIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Company |
|---|---|
| Field | Bob Herd (Cotton Valley Lime) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 169108 |
| Wellbores | 1 |
| Reported production | 5,797,738 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $83K |
Where WILLIS 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.