ZENA WP

ZENA WP is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Ring Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2023 to August 2026, totalling 75,840 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 $3.3M, with roughly $964K 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 1,556 barrels a month. Its strongest month on the record we hold was October 2023, at 6,118 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 ZENA WP

Who operates ZENA WP?
ZENA WP is operated by Ring Energy, Inc., Railroad Commission of Texas operator number 712382.
Where is ZENA WP?
ZENA WP is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60918.
Is ZENA WP still producing?
ZENA WP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ZENA WP is August 2026.
How much has ZENA WP produced?
ZENA WP has reported 75,840 barrels of oil (bbl) to the Railroad Commission of Texas between August 2023 and August 2026, from 1 wellbore.
How much is ZENA WP worth?
The remaining production from ZENA WP is estimated to be worth about $3.3M in total as of 27 August 2026, within a range of $2.8M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ZENA WP is a fraction of it. The estimate fits an Arps decline curve to the production ZENA WP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ZENA WP is an estimate of value, not an offer and not an appraisal.
How much income does ZENA WP generate in a year?
ZENA WP is forecast to net about $964K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ZENA WP receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

ZENA WP as filed with the Railroad Commission of Texas
OperatorRing Energy, Inc.
FieldBlock A-34 (San Andres)
CountyAndrews County, Texas
RRC district08
Lease number60918
Wellbores1
Reported production75,840 bbl
First reported
Last reported
Estimated royalty value$3.3M

Where ZENA WP 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.