WASHAM UNIT
WASHAM UNIT is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Cholla Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2011 to August 2026, totalling 281,931 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 $2.4M, with roughly $678K 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 1,101 barrels a month. Its strongest month on the record we hold was October 2020, at 2,426 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 WASHAM UNIT
- Who operates WASHAM UNIT?
- WASHAM UNIT is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is WASHAM UNIT?
- WASHAM UNIT is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30664.
- Is WASHAM UNIT still producing?
- WASHAM UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WASHAM UNIT is August 2026.
- How much has WASHAM UNIT produced?
- WASHAM UNIT has reported 281,931 barrels of oil (bbl) to the Railroad Commission of Texas between February 2011 and August 2026, from 1 wellbore.
- How much is WASHAM UNIT worth?
- The remaining production from WASHAM UNIT is estimated to be worth about $2.4M in total as of 26 August 2026, within a range of $2.0M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WASHAM UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WASHAM UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WASHAM UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WASHAM UNIT generate in a year?
- WASHAM UNIT is forecast to net about $678K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WASHAM UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Auld (Cisco Sand) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 30664 |
| Wellbores | 1 |
| Reported production | 281,931 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where WASHAM UNIT 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.