KATE 33-40
KATE 33-40 is a Texas gas lease in Ward County, Railroad Commission district 08, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2020 to August 2026, totalling 2,739,290 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 $8.3M, with roughly $1.6M 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 28,176 thousand cubic feet a month. Its strongest month on the record we hold was August 2020, at 96,492 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 KATE 33-40
- Who operates KATE 33-40?
- KATE 33-40 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is KATE 33-40?
- KATE 33-40 is a Texas gas lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 291193.
- Is KATE 33-40 still producing?
- KATE 33-40 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KATE 33-40 is August 2026.
- How much has KATE 33-40 produced?
- KATE 33-40 has reported 2,739,290 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2020 and August 2026, from 1 wellbore.
- How much is KATE 33-40 worth?
- The remaining production from KATE 33-40 is estimated to be worth about $8.3M in total as of 26 August 2026, within a range of $6.8M to $9.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KATE 33-40 is a fraction of it. The estimate fits an Arps decline curve to the production KATE 33-40 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KATE 33-40 is an estimate of value, not an offer and not an appraisal.
- How much income does KATE 33-40 generate in a year?
- KATE 33-40 is forecast to net about $1.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KATE 33-40 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 291193 |
| Wellbores | 1 |
| Reported production | 2,739,290 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.3M |
Where KATE 33-40 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.