WILLARD & WILLIAMS
WILLARD & WILLIAMS is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Crescent Exploration Company. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 48,511 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 $180K, with roughly $35K 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 48 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was May 2021, at 206 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 WILLARD & WILLIAMS
- Who operates WILLARD & WILLIAMS?
- WILLARD & WILLIAMS is operated by Crescent Exploration Company, Railroad Commission of Texas operator number 189449.
- Where is WILLARD & WILLIAMS?
- WILLARD & WILLIAMS is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 12424.
- Is WILLARD & WILLIAMS still producing?
- WILLARD & WILLIAMS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WILLARD & WILLIAMS is August 2026.
- How much has WILLARD & WILLIAMS produced?
- WILLARD & WILLIAMS has reported 48,511 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is WILLARD & WILLIAMS worth?
- The remaining production from WILLARD & WILLIAMS is estimated to be worth about $180K in total as of 26 August 2026, within a range of $99K to $261K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WILLARD & WILLIAMS is a fraction of it. The estimate fits an Arps decline curve to the production WILLARD & WILLIAMS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WILLARD & WILLIAMS is an estimate of value, not an offer and not an appraisal.
- How much income does WILLARD & WILLIAMS generate in a year?
- WILLARD & WILLIAMS is forecast to net about $35K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WILLARD & WILLIAMS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crescent Exploration Company |
|---|---|
| Field | Willard (Navarro) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 12424 |
| Wellbores | 5 |
| Reported production | 48,511 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $180K |
Where WILLARD & WILLIAMS 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.