EAST AXIS
EAST AXIS is a Texas gas lease in Winkler County, Railroad Commission district 08, operated by Impetro Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 4,730,794 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 $3.5M, with roughly $1.5M 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 27,765 thousand cubic feet a month. Its strongest month on the record we hold was January 2019, at 164,441 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 EAST AXIS
- Who operates EAST AXIS?
- EAST AXIS is operated by Impetro Operating LLC, Railroad Commission of Texas operator number 423519.
- Where is EAST AXIS?
- EAST AXIS is a Texas gas lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 288952.
- Is EAST AXIS still producing?
- EAST AXIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EAST AXIS is August 2026.
- How much has EAST AXIS produced?
- EAST AXIS has reported 4,730,794 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2018 and August 2026, from 1 wellbore.
- How much is EAST AXIS worth?
- The remaining production from EAST AXIS is estimated to be worth about $3.5M in total as of 27 August 2026, within a range of $2.9M to $4.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EAST AXIS is a fraction of it. The estimate fits an Arps decline curve to the production EAST AXIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EAST AXIS is an estimate of value, not an offer and not an appraisal.
- How much income does EAST AXIS generate in a year?
- EAST AXIS is forecast to net about $1.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EAST AXIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Impetro Operating LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 288952 |
| Wellbores | 1 |
| Reported production | 4,730,794 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where EAST AXIS 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.