WATSON, J. B.
WATSON, J. B. is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Oakland Petroleum Oper Co., Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 29,986 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $5K, with roughly $1K expected over the next twelve months.
| Operator | Oakland Petroleum Oper Co., Inc. |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 06513 |
| Wellbores | 2 |
| Reported production | 29,986 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $5K |
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.