WATTS, CALLIE
WATTS, CALLIE is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Tema Oil And Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2006 to August 2026, totalling 662,453 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 $122K, with roughly $21K 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 971 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 28,260 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 WATTS, CALLIE
- Who operates WATTS, CALLIE?
- WATTS, CALLIE is operated by Tema Oil And Gas Company, Railroad Commission of Texas operator number 841329.
- Where is WATTS, CALLIE?
- WATTS, CALLIE is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 216190.
- Is WATTS, CALLIE still producing?
- WATTS, CALLIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WATTS, CALLIE is August 2026.
- How much has WATTS, CALLIE produced?
- WATTS, CALLIE has reported 662,453 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2006 and August 2026, from 1 wellbore.
- How much is WATTS, CALLIE worth?
- The remaining production from WATTS, CALLIE is estimated to be worth about $122K in total as of 26 August 2026, within a range of $95K to $148K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WATTS, CALLIE is a fraction of it. The estimate fits an Arps decline curve to the production WATTS, CALLIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WATTS, CALLIE is an estimate of value, not an offer and not an appraisal.
- How much income does WATTS, CALLIE generate in a year?
- WATTS, CALLIE is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WATTS, CALLIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tema Oil And Gas Company |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 216190 |
| Wellbores | 1 |
| Reported production | 662,453 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $122K |
Where WATTS, CALLIE 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.