GREENBLATT 71 WRD
GREENBLATT 71 WRD is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Shell Western E&P. It has 2 wellbores on file with the Commission. Reported production runs from October 2012 to August 2026, totalling 382,761 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 $1.4M, with roughly $588K 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 1,007 barrels a month, about 503 per wellbore. Its strongest month on the record we hold was August 2018, at 2,470 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 GREENBLATT 71 WRD
- Who operates GREENBLATT 71 WRD?
- GREENBLATT 71 WRD is operated by Shell Western E&P, Railroad Commission of Texas operator number 774719.
- Where is GREENBLATT 71 WRD?
- GREENBLATT 71 WRD is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43217.
- Is GREENBLATT 71 WRD still producing?
- GREENBLATT 71 WRD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREENBLATT 71 WRD is August 2026.
- How much has GREENBLATT 71 WRD produced?
- GREENBLATT 71 WRD has reported 382,761 barrels of oil (bbl) to the Railroad Commission of Texas between October 2012 and August 2026, from 2 wellbores.
- How much is GREENBLATT 71 WRD worth?
- The remaining production from GREENBLATT 71 WRD is estimated to be worth about $1.4M in total as of 27 August 2026, within a range of $1.2M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREENBLATT 71 WRD is a fraction of it. The estimate fits an Arps decline curve to the production GREENBLATT 71 WRD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREENBLATT 71 WRD is an estimate of value, not an offer and not an appraisal.
- How much income does GREENBLATT 71 WRD generate in a year?
- GREENBLATT 71 WRD is forecast to net about $588K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GREENBLATT 71 WRD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shell Western E&P |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 43217 |
| Wellbores | 2 |
| Reported production | 382,761 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where GREENBLATT 71 WRD 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.