WARE
WARE is a Texas oil lease in Anderson County, Railroad Commission district 06, operated by Young, Marshall R., Oil Co. It has 1 wellbore on file with the Commission. Reported production runs from April 1996 to August 2026, totalling 23,125 barrels. The lease is intermittent. 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 $242K, with roughly $46K 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 24 barrels a month. Its strongest month on the record we hold was July 2016, at 262 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 WARE
- Who operates WARE?
- WARE is operated by Young, Marshall R., Oil Co., Railroad Commission of Texas operator number 949290.
- Where is WARE?
- WARE is a Texas oil lease in Anderson County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 13531.
- Is WARE still producing?
- WARE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for WARE is August 2026.
- How much has WARE produced?
- WARE has reported 23,125 barrels of oil (bbl) to the Railroad Commission of Texas between April 1996 and August 2026, from 1 wellbore.
- How much is WARE worth?
- The remaining production from WARE is estimated to be worth about $242K in total as of 26 August 2026, within a range of $133K to $350K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WARE is a fraction of it. The estimate fits an Arps decline curve to the production WARE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WARE is an estimate of value, not an offer and not an appraisal.
- How much income does WARE generate in a year?
- WARE is forecast to net about $46K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WARE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Young, Marshall R., Oil Co. |
|---|---|
| Field | Ingram Trinity (Woodbine) |
| County | Anderson County, Texas |
| RRC district | 06 |
| Lease number | 13531 |
| Wellbores | 1 |
| Reported production | 23,125 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $242K |
Where WARE 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.