RUSS & DAIMWOOD
RUSS & DAIMWOOD is a Texas oil lease in Nueces County, Railroad Commission district 04, operated by Western Gulf Oil & Gas Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 31,029 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 $4K, with roughly $754 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 1 barrels a month. Its strongest month on the record we hold was May 2016, at 2 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 RUSS & DAIMWOOD
- Who operates RUSS & DAIMWOOD?
- RUSS & DAIMWOOD is operated by Western Gulf Oil & Gas Inc., Railroad Commission of Texas operator number 911920.
- Where is RUSS & DAIMWOOD?
- RUSS & DAIMWOOD is a Texas oil lease in Nueces County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 10246.
- Is RUSS & DAIMWOOD still producing?
- RUSS & DAIMWOOD is intermittent. The most recent month of production reported to the Railroad Commission of Texas for RUSS & DAIMWOOD is August 2026.
- How much has RUSS & DAIMWOOD produced?
- RUSS & DAIMWOOD has reported 31,029 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is RUSS & DAIMWOOD worth?
- The remaining production from RUSS & DAIMWOOD is estimated to be worth about $4K in total as of 27 August 2026, within a range of $0 to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RUSS & DAIMWOOD is a fraction of it. The estimate fits an Arps decline curve to the production RUSS & DAIMWOOD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RUSS & DAIMWOOD is an estimate of value, not an offer and not an appraisal.
- How much income does RUSS & DAIMWOOD generate in a year?
- RUSS & DAIMWOOD is forecast to net about $754 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RUSS & DAIMWOOD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Western Gulf Oil & Gas Inc. |
|---|---|
| Field | Clara Driscoll, S. (3800 Oil) |
| County | Nueces County, Texas |
| RRC district | 04 |
| Lease number | 10246 |
| Wellbores | 1 |
| Reported production | 31,029 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where RUSS & DAIMWOOD 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.