WALKER BUCKLER TRUST TR. 20
WALKER BUCKLER TRUST TR. 20 is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by Keating Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 21,621 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 $194K, with roughly $30K 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 20 barrels a month. Its strongest month on the record we hold was February 2024, at 67 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 WALKER BUCKLER TRUST TR. 20
- Who operates WALKER BUCKLER TRUST TR. 20?
- WALKER BUCKLER TRUST TR. 20 is operated by Keating Energy, Inc., Railroad Commission of Texas operator number 453142.
- Where is WALKER BUCKLER TRUST TR. 20?
- WALKER BUCKLER TRUST TR. 20 is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 18404.
- Is WALKER BUCKLER TRUST TR. 20 still producing?
- WALKER BUCKLER TRUST TR. 20 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WALKER BUCKLER TRUST TR. 20 is August 2026.
- How much has WALKER BUCKLER TRUST TR. 20 produced?
- WALKER BUCKLER TRUST TR. 20 has reported 21,621 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WALKER BUCKLER TRUST TR. 20 worth?
- The remaining production from WALKER BUCKLER TRUST TR. 20 is estimated to be worth about $194K in total as of 26 August 2026, within a range of $107K to $282K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WALKER BUCKLER TRUST TR. 20 is a fraction of it. The estimate fits an Arps decline curve to the production WALKER BUCKLER TRUST TR. 20 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WALKER BUCKLER TRUST TR. 20 is an estimate of value, not an offer and not an appraisal.
- How much income does WALKER BUCKLER TRUST TR. 20 generate in a year?
- WALKER BUCKLER TRUST TR. 20 is forecast to net about $30K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WALKER BUCKLER TRUST TR. 20 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Keating Energy, Inc. |
|---|---|
| Field | Gem, Northeast (Caddo) |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 18404 |
| Wellbores | 1 |
| Reported production | 21,621 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $194K |
Where WALKER BUCKLER TRUST TR. 20 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.