WIMBERLEY "1"
WIMBERLEY "1" is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Midland Energy, Inc. It has 3 wellbores on file with the Commission. Reported production runs from September 2009 to August 2026, totalling 253,414 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 $1.7M, with roughly $403K 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 558 barrels a month, about 186 per wellbore. Its strongest month on the record we hold was August 2019, at 2,584 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 WIMBERLEY "1"
- Who operates WIMBERLEY "1"?
- WIMBERLEY "1" is operated by Midland Energy, Inc., Railroad Commission of Texas operator number 565460.
- Where is WIMBERLEY "1"?
- WIMBERLEY "1" is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40013.
- Is WIMBERLEY "1" still producing?
- WIMBERLEY "1" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WIMBERLEY "1" is August 2026.
- How much has WIMBERLEY "1" produced?
- WIMBERLEY "1" has reported 253,414 barrels of oil (bbl) to the Railroad Commission of Texas between September 2009 and August 2026, from 3 wellbores.
- How much is WIMBERLEY "1" worth?
- The remaining production from WIMBERLEY "1" is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.3M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WIMBERLEY "1" is a fraction of it. The estimate fits an Arps decline curve to the production WIMBERLEY "1" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WIMBERLEY "1" is an estimate of value, not an offer and not an appraisal.
- How much income does WIMBERLEY "1" generate in a year?
- WIMBERLEY "1" is forecast to net about $403K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WIMBERLEY "1" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Midland Energy, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 40013 |
| Wellbores | 3 |
| Reported production | 253,414 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where WIMBERLEY "1" 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.