WHEAT TRUST 1-36
WHEAT TRUST 1-36 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Anadarko Petroleum Corporation. It has 5 wellbores on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 1,267,130 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 $4.1M, with roughly $1.2M 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 2,061 barrels a month, about 412 per wellbore. Its strongest month on the record we hold was November 2018, at 13,053 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 WHEAT TRUST 1-36
- Who operates WHEAT TRUST 1-36?
- WHEAT TRUST 1-36 is operated by Anadarko Petroleum Corporation, Railroad Commission of Texas operator number 020572.
- Where is WHEAT TRUST 1-36?
- WHEAT TRUST 1-36 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42464.
- Is WHEAT TRUST 1-36 still producing?
- WHEAT TRUST 1-36 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WHEAT TRUST 1-36 is August 2026.
- How much has WHEAT TRUST 1-36 produced?
- WHEAT TRUST 1-36 has reported 1,267,130 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 5 wellbores.
- How much is WHEAT TRUST 1-36 worth?
- The remaining production from WHEAT TRUST 1-36 is estimated to be worth about $4.1M in total as of 27 August 2026, within a range of $3.4M to $4.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WHEAT TRUST 1-36 is a fraction of it. The estimate fits an Arps decline curve to the production WHEAT TRUST 1-36 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WHEAT TRUST 1-36 is an estimate of value, not an offer and not an appraisal.
- How much income does WHEAT TRUST 1-36 generate in a year?
- WHEAT TRUST 1-36 is forecast to net about $1.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WHEAT TRUST 1-36 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko Petroleum Corporation |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 42464 |
| Wellbores | 5 |
| Reported production | 1,267,130 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.1M |
Where WHEAT TRUST 1-36 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.