KAISER STATE 2
KAISER STATE 2 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 2001 to August 2026, totalling 591,753 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 $15K, with roughly $5K 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 366 thousand cubic feet a month. Its strongest month on the record we hold was June 2022, at 1,481 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 KAISER STATE 2
- Who operates KAISER STATE 2?
- KAISER STATE 2 is operated by Conoco Inc., Railroad Commission of Texas operator number 172230.
- Where is KAISER STATE 2?
- KAISER STATE 2 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 186723.
- Is KAISER STATE 2 still producing?
- KAISER STATE 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KAISER STATE 2 is August 2026.
- How much has KAISER STATE 2 produced?
- KAISER STATE 2 has reported 591,753 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2001 and August 2026, from 1 wellbore.
- How much is KAISER STATE 2 worth?
- The remaining production from KAISER STATE 2 is estimated to be worth about $15K in total as of 26 August 2026, within a range of $12K to $18K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KAISER STATE 2 is a fraction of it. The estimate fits an Arps decline curve to the production KAISER STATE 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KAISER STATE 2 is an estimate of value, not an offer and not an appraisal.
- How much income does KAISER STATE 2 generate in a year?
- KAISER STATE 2 is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KAISER STATE 2 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 | 186723 |
| Wellbores | 1 |
| Reported production | 591,753 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $15K |
Where KAISER STATE 2 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.