WORLEY -B-
WORLEY -B- is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Duncan Oil Properties, Inc. It has 8 wellbores on file with the Commission. Reported production runs from March 1999 to August 2026, totalling 26,308 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 $116K, with roughly $19K 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 21 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was March 2017, at 285 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 WORLEY -B-
- Who operates WORLEY -B-?
- WORLEY -B- is operated by Duncan Oil Properties, Inc., Railroad Commission of Texas operator number 232295.
- Where is WORLEY -B-?
- WORLEY -B- is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07308.
- Is WORLEY -B- still producing?
- WORLEY -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WORLEY -B- is August 2026.
- How much has WORLEY -B- produced?
- WORLEY -B- has reported 26,308 barrels of oil (bbl) to the Railroad Commission of Texas between March 1999 and August 2026, from 8 wellbores.
- How much is WORLEY -B- worth?
- The remaining production from WORLEY -B- is estimated to be worth about $116K in total as of 26 August 2026, within a range of $64K to $168K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WORLEY -B- is a fraction of it. The estimate fits an Arps decline curve to the production WORLEY -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WORLEY -B- is an estimate of value, not an offer and not an appraisal.
- How much income does WORLEY -B- generate in a year?
- WORLEY -B- is forecast to net about $19K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WORLEY -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Duncan Oil Properties, Inc. |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 07308 |
| Wellbores | 8 |
| Reported production | 26,308 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $116K |
Where WORLEY -B- 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.