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Texas gas well

Producing

WATERS 240

Waters 240 is a gas well in Lipscomb County, Texas, operated by Presidio Petroleum LLC in the Lipscomb (Cleveland) field.

Gas well dossier

14,695mcf gas, last 12 months−18% vs prior year
Operator
Presidio Petroleum LLC
County
Lipscomb County
Field
Lipscomb (Cleveland)
RRC lease
10-290710

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Where it sits

This county

Lipscomb CountyLipscombOchiltreeLipscomb County
Lipscomb County
Oil, last 12 months
950 bbl
Gas in Jul 2026
1,602 mcf

Production by month

Gas output fell 18% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 18% over the last 12 monthsMonthly gas production and oil for WATERS 240, Aug 2023 to Jul 2026. Gas output fell 18% over the last 12 months. 14,695 mcf in the 12 months through Jul 2026, against 17,838 mcf in the 12 months before.Last 12 months: 14,695 mcfmcf per monthbbl per month00500501,0001001,5001502,000200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 18% over the last 12 monthsMonthly gas production and oil for WATERS 240, Aug 2023 to Jul 2026. Gas output fell 18% over the last 12 months. 14,695 mcf in the 12 months through Jul 2026, against 17,838 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00500501,0001001,5001502,000200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2024 the lease's gas goes to lease fuel instead of a transmission line

  • Transmission line (2)
  • Lease fuel (1)
Since Oct 2024 the lease's gas goes to lease fuel instead of a transmission lineShare of WATERS 240 gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2024 the lease's gas goes to lease fuel instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Oct 2024: line to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Oct 2024 the lease's gas goes to lease fuel instead of a transmission lineShare of WATERS 240 gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2024 the lease's gas goes to lease fuel instead of a transmission line.Share of gas by disposition code0%50%100%Oct 24: line to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    65% · 9,551 mcf

  • Transmission line (2)

    35% · 5,144 mcf

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCCondensateGathers100Jan 1, 2023–
Energy Transfer CompanyGas-well gasBuys100May 6, 2014–
Energy Transfer CompanyGas-well gasGathers100May 6, 2014–
Eastex Crude CompanyCondensateGathers50May 6, 2014Jan 1, 2023
Kimrad Transport, LPCondensateGathers50May 6, 2014Jan 1, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

650.30 acres on the newest permit

Check your decimal on this lease
Permits for Waters 240
API numberWell no.Acreson the permit
42-295-341014H650.30

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WATERS 240
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261411731,6027960$80.46$2.89
Jun 20269301,5146640$84.81$3.15
May 2026991711,0714050$102.13$2.94
Apr 20265501,0754330$100.32$2.77
Mar 2026801721,3255450$91.38$3.04
Feb 20264701,1364000$64.51$3.62
Jan 202645076500$60.04$7.72
Dec 202559163867170$57.97$4.26
Nov 20258001,0772270$60.06$3.79
Oct 2025801701,0681900$60.89$3.19
Sep 20257901,5537030$63.96$2.97
Aug 20259201,6427640$64.86$2.91
Jul 2025731531,6958170$68.39$3.20
Jun 2025901691,6217710$68.17$3.02
May 20259001,7528740$62.17$3.12
Apr 20251021721,5857350$63.54$3.42
Mar 20259301,3774990$68.24$4.12
Feb 202584160809710$71.53$4.19
Jan 20259001,6487960$75.74$4.13
Dec 2024851751,6447940$70.12$3.01
Nov 202494076710$69.95$2.12
Oct 2024991801,6287500$71.99$2.20
Sep 202410001,6528310$70.24$2.28
Aug 2024941621,6608250$76.68$1.99
Jul 2024951741,6767980$81.80$2.07
Jun 20249401,5496990$79.77$2.54
May 20241011731,6177390$80.02$2.12
Apr 20248501,5426920$85.35$1.60
Mar 20241041591,8921,0140$81.28$1.49
Feb 202410901,7049370$77.25$1.72
Jan 20241383461,9301,0780$74.15$3.18
Dec 202311801,6729040$71.90$2.52
Nov 20231021701,4956450$77.69$2.71
Oct 202310001,6258320$85.64$2.98
Sep 20231131621,9191,1500$89.43$2.64
Aug 20238501,4838330$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorPresidio Petroleum LLCFieldLipscomb (Cleveland)CountyLipscomb County

Presidio Petroleum LLC in Lipscomb County

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Lipscomb (Cleveland) field

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New drilling permits in Lipscomb County

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