WALTER, J. C.
WALTER, J. C. is a Texas oil lease in Rusk County, Railroad Commission district 06, operated by Amax Oil & Gas Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 23,898 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 $480K, with roughly $84K 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 93 barrels a month. Its strongest month on the record we hold was August 2023, at 219 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 WALTER, J. C.
- Who operates WALTER, J. C.?
- WALTER, J. C. is operated by Amax Oil & Gas Inc., Railroad Commission of Texas operator number 016859.
- Where is WALTER, J. C.?
- WALTER, J. C. is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 11043.
- Is WALTER, J. C. still producing?
- WALTER, J. C. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WALTER, J. C. is August 2026.
- How much has WALTER, J. C. produced?
- WALTER, J. C. has reported 23,898 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WALTER, J. C. worth?
- The remaining production from WALTER, J. C. is estimated to be worth about $480K in total as of 26 August 2026, within a range of $264K to $696K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WALTER, J. C. is a fraction of it. The estimate fits an Arps decline curve to the production WALTER, J. C. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WALTER, J. C. is an estimate of value, not an offer and not an appraisal.
- How much income does WALTER, J. C. generate in a year?
- WALTER, J. C. is forecast to net about $84K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WALTER, J. C. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amax Oil & Gas Inc. |
|---|---|
| Field | Carthage (Pettit, Lower) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 11043 |
| Wellbores | 1 |
| Reported production | 23,898 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $480K |
Where WALTER, J. C. 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.