JOE YOUNG
JOE YOUNG is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Walter Exploration Company. It has 18 wellbores on file with the Commission. Reported production runs from March 2008 to August 2026, totalling 314,735 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 $22K, with roughly $4K expected over the next twelve months.
| Operator | Walter Exploration Company |
|---|---|
| Field | Monroe-Young (Strawn) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 30048 |
| Wellbores | 18 |
| Reported production | 314,735 bbl |
| First reported | March 2008 |
| Last reported | August 2026 |
| Estimated royalty value | $22K |
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.