STATE-RUNNING "W" 598
STATE-RUNNING "W" 598 is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Ricochet Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2007 to August 2026, totalling 1,060,212 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 $148K, with roughly $37K 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 1,901 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 3,891 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 STATE-RUNNING "W" 598
- Who operates STATE-RUNNING "W" 598?
- STATE-RUNNING "W" 598 is operated by Ricochet Energy, Inc., Railroad Commission of Texas operator number 710549.
- Where is STATE-RUNNING "W" 598?
- STATE-RUNNING "W" 598 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 224610.
- Is STATE-RUNNING "W" 598 still producing?
- STATE-RUNNING "W" 598 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE-RUNNING "W" 598 is August 2026.
- How much has STATE-RUNNING "W" 598 produced?
- STATE-RUNNING "W" 598 has reported 1,060,212 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2007 and August 2026, from 1 wellbore.
- How much is STATE-RUNNING "W" 598 worth?
- The remaining production from STATE-RUNNING "W" 598 is estimated to be worth about $148K in total as of 26 August 2026, within a range of $123K to $173K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE-RUNNING "W" 598 is a fraction of it. The estimate fits an Arps decline curve to the production STATE-RUNNING "W" 598 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE-RUNNING "W" 598 is an estimate of value, not an offer and not an appraisal.
- How much income does STATE-RUNNING "W" 598 generate in a year?
- STATE-RUNNING "W" 598 is forecast to net about $37K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STATE-RUNNING "W" 598 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ricochet Energy, Inc. |
|---|---|
| Field | Charro (9100) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 224610 |
| Wellbores | 1 |
| Reported production | 1,060,212 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $148K |
Where STATE-RUNNING "W" 598 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.