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 March 2007 to August 2026, totalling 708,302 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 $42K, 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 253 thousand cubic feet a month. Its strongest month on the record we hold was February 2020, at 2,849 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 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 226647.
- 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 708,302 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 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 $42K in total as of 26 August 2026, within a range of $33K to $51K. 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 $5K 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 | B.M.T. (Lobo Cons.) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 226647 |
| Wellbores | 1 |
| Reported production | 708,302 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $42K |
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.