WILLIAMS FARM 196B
WILLIAMS FARM 196B is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by 4p Energy Texas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2019 to August 2026, totalling 661,393 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 $849K, with roughly $163K 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 3,455 thousand cubic feet a month. Its strongest month on the record we hold was September 2019, at 43,251 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 WILLIAMS FARM 196B
- Who operates WILLIAMS FARM 196B?
- WILLIAMS FARM 196B is operated by 4p Energy Texas, LLC, Railroad Commission of Texas operator number 953803.
- Where is WILLIAMS FARM 196B?
- WILLIAMS FARM 196B is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 288068.
- Is WILLIAMS FARM 196B still producing?
- WILLIAMS FARM 196B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WILLIAMS FARM 196B is August 2026.
- How much has WILLIAMS FARM 196B produced?
- WILLIAMS FARM 196B has reported 661,393 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2019 and August 2026, from 1 wellbore.
- How much is WILLIAMS FARM 196B worth?
- The remaining production from WILLIAMS FARM 196B is estimated to be worth about $849K in total as of 26 August 2026, within a range of $704K to $993K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WILLIAMS FARM 196B is a fraction of it. The estimate fits an Arps decline curve to the production WILLIAMS FARM 196B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WILLIAMS FARM 196B is an estimate of value, not an offer and not an appraisal.
- How much income does WILLIAMS FARM 196B generate in a year?
- WILLIAMS FARM 196B is forecast to net about $163K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WILLIAMS FARM 196B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | 4p Energy Texas, LLC |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 288068 |
| Wellbores | 1 |
| Reported production | 661,393 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $849K |
Where WILLIAMS FARM 196B 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.