BINDEL, P.
BINDEL, P. is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by WFW Production Company, Inc. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 20,389 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 $88K, with roughly $17K 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 19 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was September 2019, at 49 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 BINDEL, P.
- Who operates BINDEL, P.?
- BINDEL, P. is operated by WFW Production Company, Inc., Railroad Commission of Texas operator number 913350.
- Where is BINDEL, P.?
- BINDEL, P. is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 11088.
- Is BINDEL, P. still producing?
- BINDEL, P. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BINDEL, P. is August 2026.
- How much has BINDEL, P. produced?
- BINDEL, P. has reported 20,389 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is BINDEL, P. worth?
- The remaining production from BINDEL, P. is estimated to be worth about $88K in total as of 26 August 2026, within a range of $49K to $128K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BINDEL, P. is a fraction of it. The estimate fits an Arps decline curve to the production BINDEL, P. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BINDEL, P. is an estimate of value, not an offer and not an appraisal.
- How much income does BINDEL, P. generate in a year?
- BINDEL, P. is forecast to net about $17K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BINDEL, P. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WFW Production Company, Inc. |
|---|---|
| Field | Cooke County Regular |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 11088 |
| Wellbores | 5 |
| Reported production | 20,389 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $88K |
Where BINDEL, P. 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.