WATTS, MAGGIE
WATTS, MAGGIE is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from April 2010 to August 2026, totalling 1,097,089 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 $419K, with roughly $68K 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 2,815 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 7,119 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 WATTS, MAGGIE
- Who operates WATTS, MAGGIE?
- WATTS, MAGGIE is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is WATTS, MAGGIE?
- WATTS, MAGGIE is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 256902.
- Is WATTS, MAGGIE still producing?
- WATTS, MAGGIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WATTS, MAGGIE is August 2026.
- How much has WATTS, MAGGIE produced?
- WATTS, MAGGIE has reported 1,097,089 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2010 and August 2026, from 1 wellbore.
- How much is WATTS, MAGGIE worth?
- The remaining production from WATTS, MAGGIE is estimated to be worth about $419K in total as of 26 August 2026, within a range of $348K to $491K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WATTS, MAGGIE is a fraction of it. The estimate fits an Arps decline curve to the production WATTS, MAGGIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WATTS, MAGGIE is an estimate of value, not an offer and not an appraisal.
- How much income does WATTS, MAGGIE generate in a year?
- WATTS, MAGGIE is forecast to net about $68K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WATTS, MAGGIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 256902 |
| Wellbores | 1 |
| Reported production | 1,097,089 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $419K |
Where WATTS, MAGGIE 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.