L. B. WILSON UNIT
L. B. WILSON UNIT is a Texas gas lease in Parker County, Railroad Commission district 7B, operated by Citation Oil & Gas Corp. It has 1 wellbore on file with the Commission. Reported production runs from August 1994 to August 2026, totalling 404,916 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 $40K, with roughly $6K 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 279 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 939 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 L. B. WILSON UNIT
- Who operates L. B. WILSON UNIT?
- L. B. WILSON UNIT is operated by Citation Oil & Gas Corp., Railroad Commission of Texas operator number 154235.
- Where is L. B. WILSON UNIT?
- L. B. WILSON UNIT is a Texas gas lease in Parker County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 151704.
- Is L. B. WILSON UNIT still producing?
- L. B. WILSON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for L. B. WILSON UNIT is August 2026.
- How much has L. B. WILSON UNIT produced?
- L. B. WILSON UNIT has reported 404,916 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 1994 and August 2026, from 1 wellbore.
- How much is L. B. WILSON UNIT worth?
- The remaining production from L. B. WILSON UNIT is estimated to be worth about $40K in total as of 27 August 2026, within a range of $31K to $49K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in L. B. WILSON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production L. B. WILSON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for L. B. WILSON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does L. B. WILSON UNIT generate in a year?
- L. B. WILSON UNIT is forecast to net about $6K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in L. B. WILSON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Citation Oil & Gas Corp. |
|---|---|
| Field | Toto (Bend Congl., Lower) |
| County | Parker County, Texas |
| RRC district | 7B |
| Lease number | 151704 |
| Wellbores | 1 |
| Reported production | 404,916 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $40K |
Where L. B. WILSON UNIT 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.