WATZ
WATZ is a Texas gas lease in Wharton County, Railroad Commission district 03, operated by Ricochet Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2014 to August 2026, totalling 680,277 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 $3K, with roughly $3K 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 567 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 6,037 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 WATZ
- Who operates WATZ?
- WATZ is operated by Ricochet Energy, Inc., Railroad Commission of Texas operator number 710549.
- Where is WATZ?
- WATZ is a Texas gas lease in Wharton County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 279161.
- Is WATZ still producing?
- WATZ is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WATZ is August 2026.
- How much has WATZ produced?
- WATZ has reported 680,277 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2014 and August 2026, from 1 wellbore.
- How much is WATZ worth?
- The remaining production from WATZ is estimated to be worth about $3K in total as of 26 August 2026, within a range of $2K to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WATZ is a fraction of it. The estimate fits an Arps decline curve to the production WATZ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WATZ is an estimate of value, not an offer and not an appraisal.
- How much income does WATZ generate in a year?
- WATZ is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WATZ receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ricochet Energy, Inc. |
|---|---|
| Field | Phase Four (9050 Yegua) |
| County | Wharton County, Texas |
| RRC district | 03 |
| Lease number | 279161 |
| Wellbores | 1 |
| Reported production | 680,277 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where WATZ 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.