VERANCIA 50-26-27 UNIT 1 WA
VERANCIA 50-26-27 UNIT 1 WA is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Flat Creek Resources, LLC. It has 4 wellbores on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 1,036,717 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 $6.2M, with roughly $3.5M 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 7,469 barrels a month, about 1,867 per wellbore. Its strongest month on the record we hold was March 2023, at 76,693 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 VERANCIA 50-26-27 UNIT 1 WA
- Who operates VERANCIA 50-26-27 UNIT 1 WA?
- VERANCIA 50-26-27 UNIT 1 WA is operated by Flat Creek Resources, LLC, Railroad Commission of Texas operator number 271649.
- Where is VERANCIA 50-26-27 UNIT 1 WA?
- VERANCIA 50-26-27 UNIT 1 WA is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55268.
- Is VERANCIA 50-26-27 UNIT 1 WA still producing?
- VERANCIA 50-26-27 UNIT 1 WA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VERANCIA 50-26-27 UNIT 1 WA is August 2026.
- How much has VERANCIA 50-26-27 UNIT 1 WA produced?
- VERANCIA 50-26-27 UNIT 1 WA has reported 1,036,717 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 4 wellbores.
- How much is VERANCIA 50-26-27 UNIT 1 WA worth?
- The remaining production from VERANCIA 50-26-27 UNIT 1 WA is estimated to be worth about $6.2M in total as of 27 August 2026, within a range of $5.2M to $7.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VERANCIA 50-26-27 UNIT 1 WA is a fraction of it. The estimate fits an Arps decline curve to the production VERANCIA 50-26-27 UNIT 1 WA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VERANCIA 50-26-27 UNIT 1 WA is an estimate of value, not an offer and not an appraisal.
- How much income does VERANCIA 50-26-27 UNIT 1 WA generate in a year?
- VERANCIA 50-26-27 UNIT 1 WA is forecast to net about $3.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VERANCIA 50-26-27 UNIT 1 WA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Flat Creek Resources, LLC |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 55268 |
| Wellbores | 4 |
| Reported production | 1,036,717 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.2M |
Where VERANCIA 50-26-27 UNIT 1 WA 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.