WAGGONER RANCH BATT. #24-C
WAGGONER RANCH BATT. #24-C is a Texas oil lease in Wilbarger County, Railroad Commission district 09, operated by Johnson & Ernst Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 63,904 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 $210K, with roughly $40K 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 61 barrels a month. Its strongest month on the record we hold was May 2016, at 204 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 WAGGONER RANCH BATT. #24-C
- Who operates WAGGONER RANCH BATT. #24-C?
- WAGGONER RANCH BATT. #24-C is operated by Johnson & Ernst Operating Co., Railroad Commission of Texas operator number 436155.
- Where is WAGGONER RANCH BATT. #24-C?
- WAGGONER RANCH BATT. #24-C is a Texas oil lease in Wilbarger County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 16042.
- Is WAGGONER RANCH BATT. #24-C still producing?
- WAGGONER RANCH BATT. #24-C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WAGGONER RANCH BATT. #24-C is August 2026.
- How much has WAGGONER RANCH BATT. #24-C produced?
- WAGGONER RANCH BATT. #24-C has reported 63,904 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WAGGONER RANCH BATT. #24-C worth?
- The remaining production from WAGGONER RANCH BATT. #24-C is estimated to be worth about $210K in total as of 26 August 2026, within a range of $115K to $304K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WAGGONER RANCH BATT. #24-C is a fraction of it. The estimate fits an Arps decline curve to the production WAGGONER RANCH BATT. #24-C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WAGGONER RANCH BATT. #24-C is an estimate of value, not an offer and not an appraisal.
- How much income does WAGGONER RANCH BATT. #24-C generate in a year?
- WAGGONER RANCH BATT. #24-C is forecast to net about $40K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WAGGONER RANCH BATT. #24-C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Johnson & Ernst Operating Co. |
|---|---|
| Field | Rock Crossing (Canyon Lime) |
| County | Wilbarger County, Texas |
| RRC district | 09 |
| Lease number | 16042 |
| Wellbores | 1 |
| Reported production | 63,904 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $210K |
Where WAGGONER RANCH BATT. #24-C 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.