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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

21,935mcf gas, last 12 months−13% vs prior year
Operator
Presidio Petroleum LLC
County
Lipscomb County
Field
Lipscomb (Cleveland)
RRC lease
10-290711

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Where it sits

This county

Lipscomb CountyLipscombOchiltreeLipscomb County
Lipscomb County
Oil, last 12 months
1,266 bbl
Gas in Jul 2026
2,230 mcf

Production by month

Gas output fell 13% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 13% over the last 12 monthsMonthly gas production and oil for WATERS 240, Aug 2023 to Jul 2026. Gas output fell 13% over the last 12 months. 21,935 mcf in the 12 months through Jul 2026, against 25,329 mcf in the 12 months before.Last 12 months: 21,935 mcfmcf per monthbbl per month001,000502,0001003,0001504,000200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 13% over the last 12 monthsMonthly gas production and oil for WATERS 240, Aug 2023 to Jul 2026. Gas output fell 13% over the last 12 months. 21,935 mcf in the 12 months through Jul 2026, against 25,329 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000502,0001003,0001504,000200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2026 the lease's gas goes to a transmission line instead of lease fuel

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

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    72% · 15,826 mcf

  • Lease fuel (1)

    28% · 6,109 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 gasBuys100Apr 1, 2019–
Energy Transfer CompanyGas-well gasGathers100Apr 1, 2019–
Eastex Crude CompanyCondensateGathers50Apr 1, 2019Jan 1, 2023
Kimrad Transport, LPCondensateGathers50Apr 1, 2019Jan 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

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Permits for Waters 240
API numberWell no.Acreson the permit
42-295-341905H650.30

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

Unit decimal checker

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36 months, newest first

Ledger for WATERS 240
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202611402,2301,6910$80.46$2.89
Jun 2026981731,9011,3960$84.81$3.15
May 20261171691,3247850$102.13$2.94
Apr 202610401,8311,3210$100.32$2.77
Mar 2026941612,1501,6610$91.38$3.04
Feb 20269501,9241,4800$64.51$3.62
Jan 2026941668063540$60.04$7.72
Dec 20251131702,4151,8900$57.97$4.26
Nov 202512102,1651,6590$60.06$3.79
Oct 202510816553900$60.89$3.19
Sep 20251021602,1991,6770$63.96$2.97
Aug 202510602,4511,9120$64.86$2.91
Jul 20251061742,4321,8930$68.39$3.20
Jun 20251111732,4031,8810$68.17$3.02
May 202511902,5392,0000$62.17$3.12
Apr 20251391642,4261,9040$63.54$3.42
Mar 20251141712,0191,4800$68.24$4.12
Feb 20256301,4681,0490$71.53$4.19
Jan 2025911711,9971,4710$75.74$4.13
Dec 202410702,0801,5580$70.12$3.01
Nov 20241351728703970$69.95$2.12
Oct 20241101672,4381,9300$71.99$2.20
Sep 202412402,2581,7530$70.24$2.28
Aug 20241101672,3991,8940$76.68$1.99
Jul 20241231612,0052,0050$81.80$2.07
Jun 20249501,9541,9540$79.77$2.54
May 20241231552,0032,0030$80.02$2.12
Apr 20241261612,0292,0290$85.35$1.60
Mar 20241451801,9411,9410$81.28$1.49
Feb 20241681722,7872,7870$77.25$1.72
Jan 20241441743,0213,0210$74.15$3.18
Dec 20231561752,6152,6150$71.90$2.52
Nov 202314202,7562,7560$77.69$2.71
Oct 20231622292,4592,4590$85.64$2.98
Sep 20231151711,8361,6880$89.43$2.64
Aug 202314402,7712,2320$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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Nearby

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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