WATERFIELD "C"
WATERFIELD "C" is a Texas gas lease in Roberts County, Railroad Commission district 10, operated by Unit Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from October 2012 to August 2026, totalling 2,403,935 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 $594K, with roughly $109K 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 2,998 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 17,532 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 WATERFIELD "C"
- Who operates WATERFIELD "C"?
- WATERFIELD "C" is operated by Unit Petroleum Company, Railroad Commission of Texas operator number 877099.
- Where is WATERFIELD "C"?
- WATERFIELD "C" is a Texas gas lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 268703.
- Is WATERFIELD "C" still producing?
- WATERFIELD "C" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WATERFIELD "C" is August 2026.
- How much has WATERFIELD "C" produced?
- WATERFIELD "C" has reported 2,403,935 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2012 and August 2026, from 1 wellbore.
- How much is WATERFIELD "C" worth?
- The remaining production from WATERFIELD "C" is estimated to be worth about $594K in total as of 26 August 2026, within a range of $493K to $695K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WATERFIELD "C" is a fraction of it. The estimate fits an Arps decline curve to the production WATERFIELD "C" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WATERFIELD "C" is an estimate of value, not an offer and not an appraisal.
- How much income does WATERFIELD "C" generate in a year?
- WATERFIELD "C" is forecast to net about $109K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WATERFIELD "C" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Unit Petroleum Company |
|---|---|
| Field | Mendota, NW. (Granite Wash) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 268703 |
| Wellbores | 1 |
| Reported production | 2,403,935 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $594K |
Where WATERFIELD "C" 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.