WISEMAN
WISEMAN is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by Midgard Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from March 1996 to August 2026, totalling 899,341 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 $151K, with roughly $24K 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 875 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 2,054 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 WISEMAN
- Who operates WISEMAN?
- WISEMAN is operated by Midgard Energy Company, Railroad Commission of Texas operator number 565050.
- Where is WISEMAN?
- WISEMAN is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 158968.
- Is WISEMAN still producing?
- WISEMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WISEMAN is August 2026.
- How much has WISEMAN produced?
- WISEMAN has reported 899,341 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 1996 and August 2026, from 1 wellbore.
- How much is WISEMAN worth?
- The remaining production from WISEMAN is estimated to be worth about $151K in total as of 27 August 2026, within a range of $117K to $184K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WISEMAN is a fraction of it. The estimate fits an Arps decline curve to the production WISEMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WISEMAN is an estimate of value, not an offer and not an appraisal.
- How much income does WISEMAN generate in a year?
- WISEMAN is forecast to net about $24K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WISEMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Midgard Energy Company |
|---|---|
| Field | Texas Hugoton |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 158968 |
| Wellbores | 1 |
| Reported production | 899,341 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $151K |
Where WISEMAN 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.