WAGGONER ROUGH CREEK
WAGGONER ROUGH CREEK is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by Covenant Operating, LLC. It has 5 wellbores on file with the Commission. Reported production runs from January 2015 to August 2026, totalling 46,363 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 $519K, with roughly $100K 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 154 barrels a month, about 31 per wellbore. Its strongest month on the record we hold was February 2018, at 705 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 ROUGH CREEK
- Who operates WAGGONER ROUGH CREEK?
- WAGGONER ROUGH CREEK is operated by Covenant Operating, LLC, Railroad Commission of Texas operator number 182800.
- Where is WAGGONER ROUGH CREEK?
- WAGGONER ROUGH CREEK is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33294.
- Is WAGGONER ROUGH CREEK still producing?
- WAGGONER ROUGH CREEK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WAGGONER ROUGH CREEK is August 2026.
- How much has WAGGONER ROUGH CREEK produced?
- WAGGONER ROUGH CREEK has reported 46,363 barrels of oil (bbl) to the Railroad Commission of Texas between January 2015 and August 2026, from 5 wellbores.
- How much is WAGGONER ROUGH CREEK worth?
- The remaining production from WAGGONER ROUGH CREEK is estimated to be worth about $519K in total as of 26 August 2026, within a range of $404K to $633K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WAGGONER ROUGH CREEK is a fraction of it. The estimate fits an Arps decline curve to the production WAGGONER ROUGH CREEK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WAGGONER ROUGH CREEK is an estimate of value, not an offer and not an appraisal.
- How much income does WAGGONER ROUGH CREEK generate in a year?
- WAGGONER ROUGH CREEK is forecast to net about $100K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WAGGONER ROUGH CREEK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Covenant Operating, LLC |
|---|---|
| Field | Wichita County Regular |
| County | Wichita County, Texas |
| RRC district | 09 |
| Lease number | 33294 |
| Wellbores | 5 |
| Reported production | 46,363 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $519K |
Where WAGGONER ROUGH CREEK 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.