WELLS, M. W.
WELLS, M. W. is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Hopewell Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2000 to August 2026, totalling 69,280 thousand cubic feet. The lease is intermittent. 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 $38K, with roughly $7K 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 53 thousand cubic feet a month. Its strongest month on the record we hold was March 2023, at 784 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 WELLS, M. W.
- Who operates WELLS, M. W.?
- WELLS, M. W. is operated by Hopewell Operating, Inc., Railroad Commission of Texas operator number 399624.
- Where is WELLS, M. W.?
- WELLS, M. W. is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 179155.
- Is WELLS, M. W. still producing?
- WELLS, M. W. is intermittent. The most recent month of production reported to the Railroad Commission of Texas for WELLS, M. W. is August 2026.
- How much has WELLS, M. W. produced?
- WELLS, M. W. has reported 69,280 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2000 and August 2026, from 1 wellbore.
- How much is WELLS, M. W. worth?
- The remaining production from WELLS, M. W. is estimated to be worth about $38K in total as of 27 August 2026, within a range of $21K to $55K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WELLS, M. W. is a fraction of it. The estimate fits an Arps decline curve to the production WELLS, M. W. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WELLS, M. W. is an estimate of value, not an offer and not an appraisal.
- How much income does WELLS, M. W. generate in a year?
- WELLS, M. W. is forecast to net about $7K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WELLS, M. W. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hopewell Operating, Inc. |
|---|---|
| Field | Waskom (Mattie) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 179155 |
| Wellbores | 1 |
| Reported production | 69,280 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $38K |
Where WELLS, M. W. 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.