WRIGHT
WRIGHT is a Texas gas lease in Wharton County, Railroad Commission district 03, operated by MB Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2025 to August 2026, totalling 56,687 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 $1.1M, with roughly $173K 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 4,289 thousand cubic feet a month. Its strongest month on the record we hold was January 2026, at 13,148 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 WRIGHT
- Who operates WRIGHT?
- WRIGHT is operated by MB Energy, LLC, Railroad Commission of Texas operator number 100147.
- Where is WRIGHT?
- WRIGHT is a Texas gas lease in Wharton County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 299348.
- Is WRIGHT still producing?
- WRIGHT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for WRIGHT is August 2026.
- How much has WRIGHT produced?
- WRIGHT has reported 56,687 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2025 and August 2026, from 1 wellbore.
- How much is WRIGHT worth?
- The remaining production from WRIGHT is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $934K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WRIGHT is a fraction of it. The estimate fits an Arps decline curve to the production WRIGHT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WRIGHT is an estimate of value, not an offer and not an appraisal.
- How much income does WRIGHT generate in a year?
- WRIGHT is forecast to net about $173K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WRIGHT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MB Energy, LLC |
|---|---|
| Field | Hutchins-Kubela (5800) |
| County | Wharton County, Texas |
| RRC district | 03 |
| Lease number | 299348 |
| Wellbores | 1 |
| Reported production | 56,687 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where WRIGHT 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.