WARD 127
WARD 127 is a Texas gas lease in Sutton County, Railroad Commission district 7C, operated by American Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 248,048 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 $691, with roughly $87 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 20 thousand cubic feet a month. Its strongest month on the record we hold was September 2025, at 145 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 WARD 127
- Who operates WARD 127?
- WARD 127 is operated by American Exploration Company, Railroad Commission of Texas operator number 018023.
- Where is WARD 127?
- WARD 127 is a Texas gas lease in Sutton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 102452.
- Is WARD 127 still producing?
- WARD 127 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for WARD 127 is August 2026.
- How much has WARD 127 produced?
- WARD 127 has reported 248,048 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WARD 127 worth?
- The remaining production from WARD 127 is estimated to be worth about $691 in total as of 26 August 2026, within a range of $380 to $1K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WARD 127 is a fraction of it. The estimate fits an Arps decline curve to the production WARD 127 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WARD 127 is an estimate of value, not an offer and not an appraisal.
- How much income does WARD 127 generate in a year?
- WARD 127 is forecast to net about $87 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WARD 127 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Exploration Company |
|---|---|
| Field | Sawyer (Canyon) |
| County | Sutton County, Texas |
| RRC district | 7C |
| Lease number | 102452 |
| Wellbores | 1 |
| Reported production | 248,048 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $691 |
Where WARD 127 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.