WEINETTE 'B' 1078
WEINETTE 'B' 1078 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Holmes Exploration, LLC. It has 3 wellbores on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 262,718 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 $1.1M, with roughly $175K 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 186 barrels a month, about 62 per wellbore. Its strongest month on the record we hold was May 2016, at 1,015 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 WEINETTE 'B' 1078
- Who operates WEINETTE 'B' 1078?
- WEINETTE 'B' 1078 is operated by Holmes Exploration, LLC, Railroad Commission of Texas operator number 394700.
- Where is WEINETTE 'B' 1078?
- WEINETTE 'B' 1078 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08373.
- Is WEINETTE 'B' 1078 still producing?
- WEINETTE 'B' 1078 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEINETTE 'B' 1078 is August 2026.
- How much has WEINETTE 'B' 1078 produced?
- WEINETTE 'B' 1078 has reported 262,718 barrels of oil (bbl) to the Railroad Commission of Texas between December 2010 and August 2026, from 3 wellbores.
- How much is WEINETTE 'B' 1078 worth?
- The remaining production from WEINETTE 'B' 1078 is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $832K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEINETTE 'B' 1078 is a fraction of it. The estimate fits an Arps decline curve to the production WEINETTE 'B' 1078 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEINETTE 'B' 1078 is an estimate of value, not an offer and not an appraisal.
- How much income does WEINETTE 'B' 1078 generate in a year?
- WEINETTE 'B' 1078 is forecast to net about $175K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WEINETTE 'B' 1078 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Holmes Exploration, LLC |
|---|---|
| Field | Kiowa Creek (Marmaton) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 08373 |
| Wellbores | 3 |
| Reported production | 262,718 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where WEINETTE 'B' 1078 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.