METHODIST HOME 2
METHODIST HOME 2 is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Questar Expl. And Prod. Co. It has 1 wellbore on file with the Commission. Reported production runs from December 2008 to August 2026, totalling 3,894,947 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 $398K, with roughly $67K 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 1,958 thousand cubic feet a month. Its strongest month on the record we hold was April 2018, at 23,014 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 METHODIST HOME 2
- Who operates METHODIST HOME 2?
- METHODIST HOME 2 is operated by Questar Expl. And Prod. Co., Railroad Commission of Texas operator number 684636.
- Where is METHODIST HOME 2?
- METHODIST HOME 2 is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 248148.
- Is METHODIST HOME 2 still producing?
- METHODIST HOME 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for METHODIST HOME 2 is August 2026.
- How much has METHODIST HOME 2 produced?
- METHODIST HOME 2 has reported 3,894,947 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2008 and August 2026, from 1 wellbore.
- How much is METHODIST HOME 2 worth?
- The remaining production from METHODIST HOME 2 is estimated to be worth about $398K in total as of 26 August 2026, within a range of $330K to $465K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in METHODIST HOME 2 is a fraction of it. The estimate fits an Arps decline curve to the production METHODIST HOME 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for METHODIST HOME 2 is an estimate of value, not an offer and not an appraisal.
- How much income does METHODIST HOME 2 generate in a year?
- METHODIST HOME 2 is forecast to net about $67K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in METHODIST HOME 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Questar Expl. And Prod. Co. |
|---|---|
| Field | Frye Ranch (Consolidated) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 248148 |
| Wellbores | 1 |
| Reported production | 3,894,947 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $398K |
Where METHODIST HOME 2 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.