WELLS OIL

WELLS OIL is a Texas oil lease in Moore County, Railroad Commission district 10, operated by Kerr-Mcgee Corporation. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 174,598 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $21K, with roughly $4K expected over the next twelve months.

OperatorKerr-Mcgee Corporation
FieldPanhandle Moore County Field
CountyMoore County, Texas
RRC district10
Lease number04812
Wellbores8
Reported production174,598 bbl
First reportedJanuary 1993
Last reportedAugust 2026
Estimated royalty value$21K

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.