INTUITION
INTUITION is a Texas gas lease in Ward County, Railroad Commission district 08, operated by Halcon Operating Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2019 to August 2026, totalling 3,417,104 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 $3.0M, with roughly $1.2M 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 14,610 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 128,362 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 INTUITION
- Who operates INTUITION?
- INTUITION is operated by Halcon Operating Co., Inc., Railroad Commission of Texas operator number 344412.
- Where is INTUITION?
- INTUITION is a Texas gas lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 289430.
- Is INTUITION still producing?
- INTUITION is currently producing. The most recent month of production reported to the Railroad Commission of Texas for INTUITION is August 2026.
- How much has INTUITION produced?
- INTUITION has reported 3,417,104 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2019 and August 2026, from 1 wellbore.
- How much is INTUITION worth?
- The remaining production from INTUITION is estimated to be worth about $3.0M in total as of 26 August 2026, within a range of $2.4M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in INTUITION is a fraction of it. The estimate fits an Arps decline curve to the production INTUITION has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for INTUITION is an estimate of value, not an offer and not an appraisal.
- How much income does INTUITION generate in a year?
- INTUITION is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in INTUITION receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Halcon Operating Co., Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 289430 |
| Wellbores | 1 |
| Reported production | 3,417,104 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where INTUITION 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.