WHEELER 369
WHEELER 369 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2005 to August 2026, totalling 619,929 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 $33K, with roughly $14K 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 669 thousand cubic feet a month. Its strongest month on the record we hold was April 2019, at 1,721 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 WHEELER 369
- Who operates WHEELER 369?
- WHEELER 369 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is WHEELER 369?
- WHEELER 369 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 213905.
- Is WHEELER 369 still producing?
- WHEELER 369 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WHEELER 369 is August 2026.
- How much has WHEELER 369 produced?
- WHEELER 369 has reported 619,929 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2005 and August 2026, from 1 wellbore.
- How much is WHEELER 369 worth?
- The remaining production from WHEELER 369 is estimated to be worth about $33K in total as of 26 August 2026, within a range of $26K to $41K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WHEELER 369 is a fraction of it. The estimate fits an Arps decline curve to the production WHEELER 369 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WHEELER 369 is an estimate of value, not an offer and not an appraisal.
- How much income does WHEELER 369 generate in a year?
- WHEELER 369 is forecast to net about $14K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WHEELER 369 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Lipscomb, S. W. (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 213905 |
| Wellbores | 1 |
| Reported production | 619,929 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $33K |
Where WHEELER 369 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.