DESPAIN, WALTER
DESPAIN, WALTER is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Conoco Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2000 to August 2026, totalling 1,325,999 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 $165K, with roughly $36K 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 1,965 thousand cubic feet a month. Its strongest month on the record we hold was May 2025, at 2,313 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 DESPAIN, WALTER
- Who operates DESPAIN, WALTER?
- DESPAIN, WALTER is operated by Conoco Inc., Railroad Commission of Texas operator number 172230.
- Where is DESPAIN, WALTER?
- DESPAIN, WALTER is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 179615.
- Is DESPAIN, WALTER still producing?
- DESPAIN, WALTER is intermittent. The most recent month of production reported to the Railroad Commission of Texas for DESPAIN, WALTER is August 2026.
- How much has DESPAIN, WALTER produced?
- DESPAIN, WALTER has reported 1,325,999 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2000 and August 2026, from 1 wellbore.
- How much is DESPAIN, WALTER worth?
- The remaining production from DESPAIN, WALTER is estimated to be worth about $165K in total as of 26 August 2026, within a range of $137K to $193K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DESPAIN, WALTER is a fraction of it. The estimate fits an Arps decline curve to the production DESPAIN, WALTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DESPAIN, WALTER is an estimate of value, not an offer and not an appraisal.
- How much income does DESPAIN, WALTER generate in a year?
- DESPAIN, WALTER is forecast to net about $36K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DESPAIN, WALTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conoco Inc. |
|---|---|
| Field | Vaquillas Ranch (Lobo Cons.) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 179615 |
| Wellbores | 1 |
| Reported production | 1,325,999 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $165K |
Where DESPAIN, WALTER 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.