MAXWELL "18"
MAXWELL "18" is a Texas gas lease in Winkler County, Railroad Commission district 08, operated by Pogo Producing Company. It has 1 wellbore on file with the Commission. Reported production runs from June 1999 to August 2026, totalling 1,469,927 thousand cubic feet. The lease is shut in. 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 $151K, with roughly $23K 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 342 thousand cubic feet a month. Its strongest month on the record we hold was November 2025, at 2,724 thousand cubic feet.
Key facts about MAXWELL "18"
- Who operates MAXWELL "18"?
- MAXWELL "18" is operated by Pogo Producing Company, Railroad Commission of Texas operator number 668900.
- Where is MAXWELL "18"?
- MAXWELL "18" is a Texas gas lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 174840.
- Is MAXWELL "18" still producing?
- MAXWELL "18" is shut in. The most recent month of production reported to the Railroad Commission of Texas for MAXWELL "18" is August 2026.
- How much has MAXWELL "18" produced?
- MAXWELL "18" has reported 1,469,927 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 1999 and August 2026, from 1 wellbore.
- How much is MAXWELL "18" worth?
- The remaining production from MAXWELL "18" is estimated to be worth about $151K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAXWELL "18" is a fraction of it. The estimate fits an Arps decline curve to the production MAXWELL "18" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAXWELL "18" is an estimate of value, not an offer and not an appraisal.
- How much income does MAXWELL "18" generate in a year?
- MAXWELL "18" is forecast to net about $23K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAXWELL "18" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pogo Producing Company |
|---|---|
| Field | Que Suerta (Waddell) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 174840 |
| Wellbores | 1 |
| Reported production | 1,469,927 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $151K |
Where MAXWELL "18" 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.