WM. ALTMAN
WM. ALTMAN is a Texas oil lease in Goliad County, Railroad Commission district 02, operated by Nelson, James L. It has 1 wellbore on file with the Commission. Reported production runs from August 2014 to August 2026, totalling 38,596 barrels. 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 $487K, with roughly $204K 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 389 barrels a month. Its strongest month on the record we hold was March 2022, at 910 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 WM. ALTMAN
- Who operates WM. ALTMAN?
- WM. ALTMAN is operated by Nelson, James L., Railroad Commission of Texas operator number 604295.
- Where is WM. ALTMAN?
- WM. ALTMAN is a Texas oil lease in Goliad County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10942.
- Is WM. ALTMAN still producing?
- WM. ALTMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WM. ALTMAN is August 2026.
- How much has WM. ALTMAN produced?
- WM. ALTMAN has reported 38,596 barrels of oil (bbl) to the Railroad Commission of Texas between August 2014 and August 2026, from 1 wellbore.
- How much is WM. ALTMAN worth?
- The remaining production from WM. ALTMAN is estimated to be worth about $487K in total as of 27 August 2026, within a range of $380K to $594K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WM. ALTMAN is a fraction of it. The estimate fits an Arps decline curve to the production WM. ALTMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WM. ALTMAN is an estimate of value, not an offer and not an appraisal.
- How much income does WM. ALTMAN generate in a year?
- WM. ALTMAN is forecast to net about $204K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WM. ALTMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Nelson, James L. |
|---|---|
| Field | Boyce (Luling 7600) |
| County | Goliad County, Texas |
| RRC district | 02 |
| Lease number | 10942 |
| Wellbores | 1 |
| Reported production | 38,596 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $487K |
Where WM. ALTMAN 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.