WILEY 718
WILEY 718 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 September 2004 to August 2026, totalling 1,072,062 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 $234K, with roughly $53K 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 1,360 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 2,709 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 WILEY 718
- Who operates WILEY 718?
- WILEY 718 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is WILEY 718?
- WILEY 718 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 204905.
- Is WILEY 718 still producing?
- WILEY 718 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WILEY 718 is August 2026.
- How much has WILEY 718 produced?
- WILEY 718 has reported 1,072,062 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2004 and August 2026, from 1 wellbore.
- How much is WILEY 718 worth?
- The remaining production from WILEY 718 is estimated to be worth about $234K in total as of 26 August 2026, within a range of $194K to $274K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WILEY 718 is a fraction of it. The estimate fits an Arps decline curve to the production WILEY 718 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WILEY 718 is an estimate of value, not an offer and not an appraisal.
- How much income does WILEY 718 generate in a year?
- WILEY 718 is forecast to net about $53K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WILEY 718 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Bradford (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 204905 |
| Wellbores | 1 |
| Reported production | 1,072,062 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $234K |
Where WILEY 718 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.