HOWE STATE
HOWE STATE is a Texas gas lease in Ward County, Railroad Commission district 08, operated by Enertex, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 4,845,780 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 $25K, with roughly $4K 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 773 thousand cubic feet a month. Its strongest month on the record we hold was March 2021, at 21,192 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 HOWE STATE
- Who operates HOWE STATE?
- HOWE STATE is operated by Enertex, Inc., Railroad Commission of Texas operator number 252127.
- Where is HOWE STATE?
- HOWE STATE is a Texas gas lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 141519.
- Is HOWE STATE still producing?
- HOWE STATE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for HOWE STATE is August 2026.
- How much has HOWE STATE produced?
- HOWE STATE has reported 4,845,780 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HOWE STATE worth?
- The remaining production from HOWE STATE is estimated to be worth about $25K in total as of 26 August 2026, within a range of $19K to $30K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOWE STATE is a fraction of it. The estimate fits an Arps decline curve to the production HOWE STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOWE STATE is an estimate of value, not an offer and not an appraisal.
- How much income does HOWE STATE generate in a year?
- HOWE STATE is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOWE STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enertex, Inc. |
|---|---|
| Field | Howe (Devonian) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 141519 |
| Wellbores | 1 |
| Reported production | 4,845,780 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $25K |
Where HOWE STATE 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.