WADE, I. B. "B"
WADE, I. B. "B" is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by Slagel, H. P. Prod. Co. It has 5 wellbores on file with the Commission. Reported production runs from April 1993 to August 2026, totalling 345,591 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 $522K 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 731 barrels a month, about 146 per wellbore. Its strongest month on the record we hold was August 2016, at 1,269 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 WADE, I. B. "B"
- Who operates WADE, I. B. "B"?
- WADE, I. B. "B" is operated by Slagel, H. P. Prod. Co., Railroad Commission of Texas operator number 786610.
- Where is WADE, I. B. "B"?
- WADE, I. B. "B" is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67056.
- Is WADE, I. B. "B" still producing?
- WADE, I. B. "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WADE, I. B. "B" is August 2026.
- How much has WADE, I. B. "B" produced?
- WADE, I. B. "B" has reported 345,591 barrels of oil (bbl) to the Railroad Commission of Texas between April 1993 and August 2026, from 5 wellbores.
- How much is WADE, I. B. "B" worth?
- The remaining production from WADE, I. B. "B" is estimated to be worth about $2.2M in total as of 26 August 2026, within a range of $1.7M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WADE, I. B. "B" is a fraction of it. The estimate fits an Arps decline curve to the production WADE, I. B. "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WADE, I. B. "B" is an estimate of value, not an offer and not an appraisal.
- How much income does WADE, I. B. "B" generate in a year?
- WADE, I. B. "B" is forecast to net about $522K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WADE, I. B. "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Slagel, H. P. Prod. Co. |
|---|---|
| Field | Sharon Ridge (Clear Fork) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 67056 |
| Wellbores | 5 |
| Reported production | 345,591 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where WADE, I. B. "B" 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.