WHEAT 252
WHEAT 252 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 May 2014 to August 2026, totalling 489,134 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 $307K, with roughly $92K 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 1,507 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 6,022 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 WHEAT 252
- Who operates WHEAT 252?
- WHEAT 252 is operated by Jones Energy, LLC, Railroad Commission of Texas operator number 441132.
- Where is WHEAT 252?
- WHEAT 252 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 279068.
- Is WHEAT 252 still producing?
- WHEAT 252 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WHEAT 252 is August 2026.
- How much has WHEAT 252 produced?
- WHEAT 252 has reported 489,134 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2014 and August 2026, from 1 wellbore.
- How much is WHEAT 252 worth?
- The remaining production from WHEAT 252 is estimated to be worth about $307K in total as of 26 August 2026, within a range of $255K to $359K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WHEAT 252 is a fraction of it. The estimate fits an Arps decline curve to the production WHEAT 252 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WHEAT 252 is an estimate of value, not an offer and not an appraisal.
- How much income does WHEAT 252 generate in a year?
- WHEAT 252 is forecast to net about $92K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WHEAT 252 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jones Energy, LLC |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 279068 |
| Wellbores | 1 |
| Reported production | 489,134 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $307K |
Where WHEAT 252 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.