ESTES, W. A.
ESTES, W. A. is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 27 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 240,368 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 $1.3M, with roughly $298K 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 370 barrels a month, about 14 per wellbore. Its strongest month on the record we hold was April 2022, at 799 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 ESTES, W. A.
- Who operates ESTES, W. A.?
- ESTES, W. A. is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is ESTES, W. A.?
- ESTES, W. A. is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 10901.
- Is ESTES, W. A. still producing?
- ESTES, W. A. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ESTES, W. A. is August 2026.
- How much has ESTES, W. A. produced?
- ESTES, W. A. has reported 240,368 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 27 wellbores.
- How much is ESTES, W. A. worth?
- The remaining production from ESTES, W. A. is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ESTES, W. A. is a fraction of it. The estimate fits an Arps decline curve to the production ESTES, W. A. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ESTES, W. A. is an estimate of value, not an offer and not an appraisal.
- How much income does ESTES, W. A. generate in a year?
- ESTES, W. A. is forecast to net about $298K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ESTES, W. A. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Ward-Estes, North |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 10901 |
| Wellbores | 27 |
| Reported production | 240,368 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where ESTES, W. A. 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.