WAGGONER, J. & J.
WAGGONER, J. & J. is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by Heydrick Petroleum Company. It has 11 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 353,280 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 $801K, with roughly $154K 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 233 barrels a month, about 21 per wellbore. Its strongest month on the record we hold was October 2016, at 786 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 WAGGONER, J. & J.
- Who operates WAGGONER, J. & J.?
- WAGGONER, J. & J. is operated by Heydrick Petroleum Company, Railroad Commission of Texas operator number 383199.
- Where is WAGGONER, J. & J.?
- WAGGONER, J. & J. is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 15914.
- Is WAGGONER, J. & J. still producing?
- WAGGONER, J. & J. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WAGGONER, J. & J. is August 2026.
- How much has WAGGONER, J. & J. produced?
- WAGGONER, J. & J. has reported 353,280 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 11 wellbores.
- How much is WAGGONER, J. & J. worth?
- The remaining production from WAGGONER, J. & J. is estimated to be worth about $801K in total as of 26 August 2026, within a range of $625K to $978K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WAGGONER, J. & J. is a fraction of it. The estimate fits an Arps decline curve to the production WAGGONER, J. & J. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WAGGONER, J. & J. is an estimate of value, not an offer and not an appraisal.
- How much income does WAGGONER, J. & J. generate in a year?
- WAGGONER, J. & J. is forecast to net about $154K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WAGGONER, J. & J. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Heydrick Petroleum Company |
|---|---|
| Field | Cash (Strawn 3820) |
| County | Wichita County, Texas |
| RRC district | 09 |
| Lease number | 15914 |
| Wellbores | 11 |
| Reported production | 353,280 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $801K |
Where WAGGONER, J. & J. 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.