WHITING 28
WHITING 28 is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Boyd & Mcwilliams Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from February 2017 to August 2026, totalling 552,594 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 $11.5M, with roughly $2.9M 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 4,243 barrels a month, about 2,121 per wellbore. Its strongest month on the record we hold was January 2023, at 19,447 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 WHITING 28
- Who operates WHITING 28?
- WHITING 28 is operated by Boyd & Mcwilliams Operating, LLC, Railroad Commission of Texas operator number 084751.
- Where is WHITING 28?
- WHITING 28 is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49192.
- Is WHITING 28 still producing?
- WHITING 28 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WHITING 28 is August 2026.
- How much has WHITING 28 produced?
- WHITING 28 has reported 552,594 barrels of oil (bbl) to the Railroad Commission of Texas between February 2017 and August 2026, from 2 wellbores.
- How much is WHITING 28 worth?
- The remaining production from WHITING 28 is estimated to be worth about $11.5M in total as of 26 August 2026, within a range of $9.5M to $13.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WHITING 28 is a fraction of it. The estimate fits an Arps decline curve to the production WHITING 28 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WHITING 28 is an estimate of value, not an offer and not an appraisal.
- How much income does WHITING 28 generate in a year?
- WHITING 28 is forecast to net about $2.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WHITING 28 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Boyd & Mcwilliams Operating, LLC |
|---|---|
| Field | Keystone (Wolfcamp) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 49192 |
| Wellbores | 2 |
| Reported production | 552,594 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.5M |
Where WHITING 28 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.