WM JAMES TRUST
WM JAMES TRUST is a Texas gas lease in Webb County, Railroad Commission district 04, operated by American Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 324,564 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 $3K, with roughly $412 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 13 thousand cubic feet a month. Its strongest month on the record we hold was April 2017, at 2,273 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 WM JAMES TRUST
- Who operates WM JAMES TRUST?
- WM JAMES TRUST is operated by American Exploration Company, Railroad Commission of Texas operator number 018023.
- Where is WM JAMES TRUST?
- WM JAMES TRUST is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 051765.
- Is WM JAMES TRUST still producing?
- WM JAMES TRUST is intermittent. The most recent month of production reported to the Railroad Commission of Texas for WM JAMES TRUST is August 2026.
- How much has WM JAMES TRUST produced?
- WM JAMES TRUST has reported 324,564 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WM JAMES TRUST worth?
- The remaining production from WM JAMES TRUST is estimated to be worth about $3K in total as of 26 August 2026, within a range of $2K to $5K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WM JAMES TRUST is a fraction of it. The estimate fits an Arps decline curve to the production WM JAMES TRUST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WM JAMES TRUST is an estimate of value, not an offer and not an appraisal.
- How much income does WM JAMES TRUST generate in a year?
- WM JAMES TRUST is forecast to net about $412 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WM JAMES TRUST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Exploration Company |
|---|---|
| Field | Owen (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 051765 |
| Wellbores | 1 |
| Reported production | 324,564 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where WM JAMES TRUST 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.