CRAFT-WATER BOARD UNIT 12
CRAFT-WATER BOARD UNIT 12 is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Ep Operating Limited Partnership. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 586,238 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 $193K, with roughly $31K 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 1,086 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 1,452 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 CRAFT-WATER BOARD UNIT 12
- Who operates CRAFT-WATER BOARD UNIT 12?
- CRAFT-WATER BOARD UNIT 12 is operated by Ep Operating Limited Partnership, Railroad Commission of Texas operator number 253229.
- Where is CRAFT-WATER BOARD UNIT 12?
- CRAFT-WATER BOARD UNIT 12 is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 029009.
- Is CRAFT-WATER BOARD UNIT 12 still producing?
- CRAFT-WATER BOARD UNIT 12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRAFT-WATER BOARD UNIT 12 is August 2026.
- How much has CRAFT-WATER BOARD UNIT 12 produced?
- CRAFT-WATER BOARD UNIT 12 has reported 586,238 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CRAFT-WATER BOARD UNIT 12 worth?
- The remaining production from CRAFT-WATER BOARD UNIT 12 is estimated to be worth about $193K in total as of 27 August 2026, within a range of $160K to $226K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRAFT-WATER BOARD UNIT 12 is a fraction of it. The estimate fits an Arps decline curve to the production CRAFT-WATER BOARD UNIT 12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRAFT-WATER BOARD UNIT 12 is an estimate of value, not an offer and not an appraisal.
- How much income does CRAFT-WATER BOARD UNIT 12 generate in a year?
- CRAFT-WATER BOARD UNIT 12 is forecast to net about $31K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CRAFT-WATER BOARD UNIT 12 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ep Operating Limited Partnership |
|---|---|
| Field | Boonsville (Bend Congl., Gas) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 029009 |
| Wellbores | 1 |
| Reported production | 586,238 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $193K |
Where CRAFT-WATER BOARD UNIT 12 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.