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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

15,887mcf gas, last 12 months−32% vs prior year
Operator
Presidio Petroleum LLC
County
Lipscomb County
Field
Lipscomb (Cleveland)
RRC lease
10-290784

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Where it sits

This county

Lipscomb CountyLipscombOchiltreeLipscomb County
Lipscomb County
Oil, last 12 months
1,213 bbl
Gas in Jul 2026
1,804 mcf

Production by month

Gas output fell 32% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 32% over the last 12 monthsMonthly gas production and oil for WATERS 240, Aug 2023 to Jul 2026. Gas output fell 32% over the last 12 months. 15,887 mcf in the 12 months through Jul 2026, against 23,404 mcf in the 12 months before.Last 12 months: 15,887 mcfmcf per monthbbl per month001,000502,0001003,0001504,000200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 32% over the last 12 monthsMonthly gas production and oil for WATERS 240, Aug 2023 to Jul 2026. Gas output fell 32% over the last 12 months. 15,887 mcf in the 12 months through Jul 2026, against 23,404 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)

    62% · 9,777 mcf

  • Lease fuel (1)

    38% · 6,110 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 gasBuys100Dec 21, 2014–
Energy Transfer CompanyGas-well gasGathers100Dec 21, 2014–
Eastex Crude CompanyCondensateGathers50Dec 21, 2014Jan 1, 2023
Kimrad Transport, LPCondensateGathers50Dec 21, 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
42-295-341916H650.30

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 20266501,8041,2650$80.46$2.89
Jun 20261101681,6281,1230$84.81$3.15
May 20261041511,1556160$102.13$2.94
Apr 20269001,3328220$100.32$2.77
Mar 20261041721,7701,2800$91.38$3.04
Feb 2026991701,7911,3470$64.51$3.62
Jan 20269107563040$60.04$7.72
Dec 20251381508072820$57.97$4.26
Nov 202512115850600$60.06$3.79
Oct 202510902,6762,1370$60.89$3.19
Sep 2025891746821600$63.96$2.97
Aug 20259309804410$64.86$2.91
Jul 20251001551,8831,3440$68.39$3.20
Jun 20251071632,1011,5790$68.17$3.02
May 20251211672,2711,7320$62.17$3.12
Apr 20251281712,1761,6540$63.54$3.42
Mar 202513402,2201,6810$68.24$4.12
Feb 20251041591,9601,5410$71.53$4.19
Jan 20251161792,0421,5160$75.74$4.13
Dec 202412602,1501,6280$70.12$3.01
Nov 20241161747873140$69.95$2.12
Oct 202411401,9891,4810$71.99$2.20
Sep 20241261711,9841,4790$70.24$2.28
Aug 20241071621,8411,3360$76.68$1.99
Jul 20241251581,4201,4200$81.80$2.07
Jun 20241231181,0991,0990$79.77$2.54
May 202410701,3451,3450$80.02$2.12
Apr 20241091611,4131,4130$85.35$1.60
Mar 20241511781,5131,5130$81.28$1.49
Feb 20241201571,2951,2950$77.25$1.72
Jan 20249401,0601,0600$74.15$3.18
Dec 20231671661,7331,7330$71.90$2.52
Nov 20231471661,8071,8070$77.69$2.71
Oct 20231991731,8531,8530$85.64$2.98
Sep 20231521621,1349860$89.43$2.64
Aug 20231211681,3868470$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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