WILLIS

WILLIS is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from January 2005 to August 2026, totalling 163,084 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 $797K, with roughly $181K 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 284 barrels a month. Its strongest month on the record we hold was May 2016, at 646 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 WILLIS

Who operates WILLIS?
WILLIS is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
Where is WILLIS?
WILLIS is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37508.
Is WILLIS still producing?
WILLIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WILLIS is August 2026.
How much has WILLIS produced?
WILLIS has reported 163,084 barrels of oil (bbl) to the Railroad Commission of Texas between January 2005 and August 2026, from 1 wellbore.
How much is WILLIS worth?
The remaining production from WILLIS is estimated to be worth about $797K in total as of 26 August 2026, within a range of $621K to $972K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WILLIS is a fraction of it. The estimate fits an Arps decline curve to the production WILLIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WILLIS is an estimate of value, not an offer and not an appraisal.
How much income does WILLIS generate in a year?
WILLIS is forecast to net about $181K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WILLIS receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

WILLIS as filed with the Railroad Commission of Texas
OperatorThompson, J. Cleo
FieldBlock A-50 (Ellenburger)
CountyAndrews County, Texas
RRC district08
Lease number37508
Wellbores1
Reported production163,084 bbl
First reported
Last reported
Estimated royalty value$797K

Where WILLIS 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.