POST-MONTGOMERY "20"
POST-MONTGOMERY "20" is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by Wheeler Operating Corporation. It has 4 wellbores on file with the Commission. Reported production runs from March 2000 to August 2026, totalling 44,692 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 $94K, with roughly $18K 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 26 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was June 2016, at 128 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 POST-MONTGOMERY "20"
- Who operates POST-MONTGOMERY "20"?
- POST-MONTGOMERY "20" is operated by Wheeler Operating Corporation, Railroad Commission of Texas operator number 914263.
- Where is POST-MONTGOMERY "20"?
- POST-MONTGOMERY "20" is a Texas oil lease in Garza County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68184.
- Is POST-MONTGOMERY "20" still producing?
- POST-MONTGOMERY "20" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POST-MONTGOMERY "20" is August 2026.
- How much has POST-MONTGOMERY "20" produced?
- POST-MONTGOMERY "20" has reported 44,692 barrels of oil (bbl) to the Railroad Commission of Texas between March 2000 and August 2026, from 4 wellbores.
- How much is POST-MONTGOMERY "20" worth?
- The remaining production from POST-MONTGOMERY "20" is estimated to be worth about $94K in total as of 27 August 2026, within a range of $52K to $136K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POST-MONTGOMERY "20" is a fraction of it. The estimate fits an Arps decline curve to the production POST-MONTGOMERY "20" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POST-MONTGOMERY "20" is an estimate of value, not an offer and not an appraisal.
- How much income does POST-MONTGOMERY "20" generate in a year?
- POST-MONTGOMERY "20" is forecast to net about $18K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in POST-MONTGOMERY "20" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wheeler Operating Corporation |
|---|---|
| Field | H & L (Glorieta) |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 68184 |
| Wellbores | 4 |
| Reported production | 44,692 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $94K |
Where POST-MONTGOMERY "20" 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.