WATERS RANCH 289
WATERS RANCH 289 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Jones Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2014 to August 2026, totalling 514,441 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 $741K, with roughly $158K 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 796 thousand cubic feet a month. Its strongest month on the record we hold was May 2019, at 13,072 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 WATERS RANCH 289
- Who operates WATERS RANCH 289?
- WATERS RANCH 289 is operated by Jones Energy, LLC, Railroad Commission of Texas operator number 441132.
- Where is WATERS RANCH 289?
- WATERS RANCH 289 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 278853.
- Is WATERS RANCH 289 still producing?
- WATERS RANCH 289 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WATERS RANCH 289 is August 2026.
- How much has WATERS RANCH 289 produced?
- WATERS RANCH 289 has reported 514,441 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2014 and August 2026, from 1 wellbore.
- How much is WATERS RANCH 289 worth?
- The remaining production from WATERS RANCH 289 is estimated to be worth about $741K in total as of 26 August 2026, within a range of $578K to $904K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WATERS RANCH 289 is a fraction of it. The estimate fits an Arps decline curve to the production WATERS RANCH 289 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WATERS RANCH 289 is an estimate of value, not an offer and not an appraisal.
- How much income does WATERS RANCH 289 generate in a year?
- WATERS RANCH 289 is forecast to net about $158K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WATERS RANCH 289 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jones Energy, LLC |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 278853 |
| Wellbores | 1 |
| Reported production | 514,441 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $741K |
Where WATERS RANCH 289 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.