WILLIAMS, JOE
WILLIAMS, JOE is a Texas oil lease in Rusk County, Railroad Commission district 6E, operated by Exxon Corp. It has 10 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 200,012 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 $869K, with roughly $164K 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 220 barrels a month, about 22 per wellbore. Its strongest month on the record we hold was July 2018, at 522 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 WILLIAMS, JOE
- Who operates WILLIAMS, JOE?
- WILLIAMS, JOE is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
- Where is WILLIAMS, JOE?
- WILLIAMS, JOE is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 07049.
- Is WILLIAMS, JOE still producing?
- WILLIAMS, JOE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WILLIAMS, JOE is August 2026.
- How much has WILLIAMS, JOE produced?
- WILLIAMS, JOE has reported 200,012 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 10 wellbores.
- How much is WILLIAMS, JOE worth?
- The remaining production from WILLIAMS, JOE is estimated to be worth about $869K in total as of 26 August 2026, within a range of $678K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WILLIAMS, JOE is a fraction of it. The estimate fits an Arps decline curve to the production WILLIAMS, JOE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WILLIAMS, JOE is an estimate of value, not an offer and not an appraisal.
- How much income does WILLIAMS, JOE generate in a year?
- WILLIAMS, JOE is forecast to net about $164K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WILLIAMS, JOE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Corp. |
|---|---|
| Field | East Texas |
| County | Rusk County, Texas |
| RRC district | 6E |
| Lease number | 07049 |
| Wellbores | 10 |
| Reported production | 200,012 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $869K |
Where WILLIAMS, JOE 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.