HIGHWIRE
HIGHWIRE is a Texas gas lease in Matagorda County, Railroad Commission district 03, operated by Square Mile Energy, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from February 2009 to August 2026, totalling 1,839,208 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 $2.7M, with roughly $555K 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 4,647 thousand cubic feet a month. Its strongest month on the record we hold was April 2018, at 7,787 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 HIGHWIRE
- Who operates HIGHWIRE?
- HIGHWIRE is operated by Square Mile Energy, L.L.C., Railroad Commission of Texas operator number 810815.
- Where is HIGHWIRE?
- HIGHWIRE is a Texas gas lease in Matagorda County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 247730.
- Is HIGHWIRE still producing?
- HIGHWIRE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HIGHWIRE is August 2026.
- How much has HIGHWIRE produced?
- HIGHWIRE has reported 1,839,208 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2009 and August 2026, from 1 wellbore.
- How much is HIGHWIRE worth?
- The remaining production from HIGHWIRE is estimated to be worth about $2.7M in total as of 26 August 2026, within a range of $2.2M to $3.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HIGHWIRE is a fraction of it. The estimate fits an Arps decline curve to the production HIGHWIRE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HIGHWIRE is an estimate of value, not an offer and not an appraisal.
- How much income does HIGHWIRE generate in a year?
- HIGHWIRE is forecast to net about $555K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HIGHWIRE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Square Mile Energy, L.L.C. |
|---|---|
| Field | Coconut (Anomalina 4) |
| County | Matagorda County, Texas |
| RRC district | 03 |
| Lease number | 247730 |
| Wellbores | 1 |
| Reported production | 1,839,208 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
Where HIGHWIRE 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.