WATERS '199'
WATERS '199' is a Texas gas lease in Lipscomb County, Railroad Commission district 10. It has 1 wellbore on file with the Commission. Reported production runs from March 2013 to August 2026, totalling 283,548 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 $776K, with roughly $152K 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 2,216 thousand cubic feet a month. Its strongest month on the record we hold was May 2025, at 2,790 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 WATERS '199'
- Where is WATERS '199'?
- WATERS '199' is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 282739.
- Is WATERS '199' still producing?
- WATERS '199' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WATERS '199' is August 2026.
- How much has WATERS '199' produced?
- WATERS '199' has reported 283,548 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2013 and August 2026, from 1 wellbore.
- How much is WATERS '199' worth?
- The remaining production from WATERS '199' is estimated to be worth about $776K in total as of 26 August 2026, within a range of $644K to $908K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WATERS '199' is a fraction of it. The estimate fits an Arps decline curve to the production WATERS '199' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WATERS '199' is an estimate of value, not an offer and not an appraisal.
- How much income does WATERS '199' generate in a year?
- WATERS '199' is forecast to net about $152K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WATERS '199' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| County | Lipscomb County, Texas |
|---|---|
| RRC district | 10 |
| Lease number | 282739 |
| Wellbores | 1 |
| Reported production | 283,548 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $776K |
Where WATERS '199' 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.