NELSON'S FOLLY
NELSON'S FOLLY is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Blackbeard Operating, LLC. It has 6 wellbores on file with the Commission. Reported production runs from July 2021 to August 2026, totalling 233,157 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 $2.2M, with roughly $1.1M 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 5,738 barrels a month, about 956 per wellbore. Its strongest month on the record we hold was March 2026, at 18,104 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 NELSON'S FOLLY
- Who operates NELSON'S FOLLY?
- NELSON'S FOLLY is operated by Blackbeard Operating, LLC, Railroad Commission of Texas operator number 073056.
- Where is NELSON'S FOLLY?
- NELSON'S FOLLY is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56991.
- Is NELSON'S FOLLY still producing?
- NELSON'S FOLLY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NELSON'S FOLLY is August 2026.
- How much has NELSON'S FOLLY produced?
- NELSON'S FOLLY has reported 233,157 barrels of oil (bbl) to the Railroad Commission of Texas between July 2021 and August 2026, from 6 wellbores.
- How much is NELSON'S FOLLY worth?
- The remaining production from NELSON'S FOLLY is estimated to be worth about $2.2M in total as of 27 August 2026, within a range of $1.8M to $2.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NELSON'S FOLLY is a fraction of it. The estimate fits an Arps decline curve to the production NELSON'S FOLLY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NELSON'S FOLLY is an estimate of value, not an offer and not an appraisal.
- How much income does NELSON'S FOLLY generate in a year?
- NELSON'S FOLLY is forecast to net about $1.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NELSON'S FOLLY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blackbeard Operating, LLC |
|---|---|
| Field | Monahans (Clear Fork) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 56991 |
| Wellbores | 6 |
| Reported production | 233,157 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where NELSON'S FOLLY 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.