TEXAS WORLD SPEEDWAY
TEXAS WORLD SPEEDWAY is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by Laredo Energy Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 22,334 barrels. The lease is intermittent. 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 $25K, with roughly $5K 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 2 barrels a month. Its strongest month on the record we hold was May 2016, at 285 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 TEXAS WORLD SPEEDWAY
- Who operates TEXAS WORLD SPEEDWAY?
- TEXAS WORLD SPEEDWAY is operated by Laredo Energy Operating, LLC, Railroad Commission of Texas operator number 486517.
- Where is TEXAS WORLD SPEEDWAY?
- TEXAS WORLD SPEEDWAY is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26816.
- Is TEXAS WORLD SPEEDWAY still producing?
- TEXAS WORLD SPEEDWAY is intermittent. The most recent month of production reported to the Railroad Commission of Texas for TEXAS WORLD SPEEDWAY is August 2026.
- How much has TEXAS WORLD SPEEDWAY produced?
- TEXAS WORLD SPEEDWAY has reported 22,334 barrels of oil (bbl) to the Railroad Commission of Texas between July 2014 and August 2026, from 1 wellbore.
- How much is TEXAS WORLD SPEEDWAY worth?
- The remaining production from TEXAS WORLD SPEEDWAY is estimated to be worth about $25K in total as of 26 August 2026, within a range of $0 to $50K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXAS WORLD SPEEDWAY is a fraction of it. The estimate fits an Arps decline curve to the production TEXAS WORLD SPEEDWAY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXAS WORLD SPEEDWAY is an estimate of value, not an offer and not an appraisal.
- How much income does TEXAS WORLD SPEEDWAY generate in a year?
- TEXAS WORLD SPEEDWAY is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEXAS WORLD SPEEDWAY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Laredo Energy Operating, LLC |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 26816 |
| Wellbores | 1 |
| Reported production | 22,334 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $25K |
Where TEXAS WORLD SPEEDWAY 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.