WEAVER-STATE UNIT
WEAVER-STATE UNIT is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by Encana Oil & Gas(USA) Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 2013 to August 2026, totalling 461,772 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 $912K 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 1,340 barrels a month, about 670 per wellbore. Its strongest month on the record we hold was June 2017, at 3,007 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 WEAVER-STATE UNIT
- Who operates WEAVER-STATE UNIT?
- WEAVER-STATE UNIT is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is WEAVER-STATE UNIT?
- WEAVER-STATE UNIT is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26304.
- Is WEAVER-STATE UNIT still producing?
- WEAVER-STATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEAVER-STATE UNIT is August 2026.
- How much has WEAVER-STATE UNIT produced?
- WEAVER-STATE UNIT has reported 461,772 barrels of oil (bbl) to the Railroad Commission of Texas between January 2013 and August 2026, from 2 wellbores.
- How much is WEAVER-STATE UNIT worth?
- The remaining production from WEAVER-STATE UNIT is estimated to be worth about $3.3M in total as of 26 August 2026, within a range of $2.7M to $3.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEAVER-STATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WEAVER-STATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEAVER-STATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WEAVER-STATE UNIT generate in a year?
- WEAVER-STATE UNIT is forecast to net about $912K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WEAVER-STATE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 26304 |
| Wellbores | 2 |
| Reported production | 461,772 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where WEAVER-STATE UNIT 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.