FORREST WHEELER 16
FORREST WHEELER 16 is a Texas gas lease in Mcmullen County, Railroad Commission district 01, operated by BPX Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2022 to August 2026, totalling 1,152,590 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 $4.2M, with roughly $1.0M 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 8,511 thousand cubic feet a month. Its strongest month on the record we hold was July 2022, at 118,687 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 FORREST WHEELER 16
- Who operates FORREST WHEELER 16?
- FORREST WHEELER 16 is operated by BPX Operating Company, Railroad Commission of Texas operator number 085408.
- Where is FORREST WHEELER 16?
- FORREST WHEELER 16 is a Texas gas lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 293089.
- Is FORREST WHEELER 16 still producing?
- FORREST WHEELER 16 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FORREST WHEELER 16 is August 2026.
- How much has FORREST WHEELER 16 produced?
- FORREST WHEELER 16 has reported 1,152,590 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2022 and August 2026, from 1 wellbore.
- How much is FORREST WHEELER 16 worth?
- The remaining production from FORREST WHEELER 16 is estimated to be worth about $4.2M in total as of 26 August 2026, within a range of $3.5M to $5.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FORREST WHEELER 16 is a fraction of it. The estimate fits an Arps decline curve to the production FORREST WHEELER 16 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FORREST WHEELER 16 is an estimate of value, not an offer and not an appraisal.
- How much income does FORREST WHEELER 16 generate in a year?
- FORREST WHEELER 16 is forecast to net about $1.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FORREST WHEELER 16 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BPX Operating Company |
|---|---|
| Field | Hawkville (Eagleford Shale) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 293089 |
| Wellbores | 1 |
| Reported production | 1,152,590 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.2M |
Where FORREST WHEELER 16 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.