WAGSTAFF "B"
WAGSTAFF "B" is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Lariat Land & Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2009 to August 2026, totalling 20,834 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 $44K, with roughly $9K 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 18 barrels a month. Its strongest month on the record we hold was May 2016, at 173 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 WAGSTAFF "B"
- Who operates WAGSTAFF "B"?
- WAGSTAFF "B" is operated by Lariat Land & Exploration, Inc., Railroad Commission of Texas operator number 486649.
- Where is WAGSTAFF "B"?
- WAGSTAFF "B" is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30289.
- Is WAGSTAFF "B" still producing?
- WAGSTAFF "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WAGSTAFF "B" is August 2026.
- How much has WAGSTAFF "B" produced?
- WAGSTAFF "B" has reported 20,834 barrels of oil (bbl) to the Railroad Commission of Texas between January 2009 and August 2026, from 1 wellbore.
- How much is WAGSTAFF "B" worth?
- The remaining production from WAGSTAFF "B" is estimated to be worth about $44K in total as of 26 August 2026, within a range of $24K to $64K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WAGSTAFF "B" is a fraction of it. The estimate fits an Arps decline curve to the production WAGSTAFF "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WAGSTAFF "B" is an estimate of value, not an offer and not an appraisal.
- How much income does WAGSTAFF "B" generate in a year?
- WAGSTAFF "B" is forecast to net about $9K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WAGSTAFF "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lariat Land & Exploration, Inc. |
|---|---|
| Field | Lake Abilene (Flippen Sand) |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 30289 |
| Wellbores | 1 |
| Reported production | 20,834 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $44K |
Where WAGSTAFF "B" 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.