NORTH WALNUT BEND UNIT

NORTH WALNUT BEND UNIT is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Arco Oil & Gas Co. It has 26 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 633,753 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 $999K, with roughly $267K 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 402 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was August 2017, at 997 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 NORTH WALNUT BEND UNIT

Who operates NORTH WALNUT BEND UNIT?
NORTH WALNUT BEND UNIT is operated by Arco Oil & Gas Co., Railroad Commission of Texas operator number 029340.
Where is NORTH WALNUT BEND UNIT?
NORTH WALNUT BEND UNIT is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 26978.
Is NORTH WALNUT BEND UNIT still producing?
NORTH WALNUT BEND UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORTH WALNUT BEND UNIT is August 2026.
How much has NORTH WALNUT BEND UNIT produced?
NORTH WALNUT BEND UNIT has reported 633,753 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 26 wellbores.
How much is NORTH WALNUT BEND UNIT worth?
The remaining production from NORTH WALNUT BEND UNIT is estimated to be worth about $999K in total as of 26 August 2026, within a range of $779K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORTH WALNUT BEND UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NORTH WALNUT BEND UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORTH WALNUT BEND UNIT is an estimate of value, not an offer and not an appraisal.
How much income does NORTH WALNUT BEND UNIT generate in a year?
NORTH WALNUT BEND UNIT is forecast to net about $267K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NORTH WALNUT BEND UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

NORTH WALNUT BEND UNIT as filed with the Railroad Commission of Texas
OperatorArco Oil & Gas Co.
FieldWalnut Bend, N. (Canyon-Strawn)
CountyCooke County, Texas
RRC district09
Lease number26978
Wellbores26
Reported production633,753 bbl
First reported
Last reported
Estimated royalty value$999K

Where NORTH WALNUT BEND UNIT 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.