WHEELER, LEE
WHEELER, LEE is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Welhausen Operating Co., Inc. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 290,610 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $14K, with roughly $3K expected over the next twelve months.
| Operator | Welhausen Operating Co., Inc. |
|---|---|
| Field | A.W.P. (Olmos) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 11912 |
| Wellbores | 8 |
| Reported production | 290,610 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $14K |
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.