PHILLIPS, J.W.
PHILLIPS, J.W. is a Texas oil lease in Brown County, Railroad Commission district 7B, operated by Richey Operating, Inc. It has 21 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 91,749 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 $591K, with roughly $99K 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 89 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was January 2017, at 365 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 PHILLIPS, J.W.
- Who operates PHILLIPS, J.W.?
- PHILLIPS, J.W. is operated by Richey Operating, Inc., Railroad Commission of Texas operator number 709680.
- Where is PHILLIPS, J.W.?
- PHILLIPS, J.W. is a Texas oil lease in Brown County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 12707.
- Is PHILLIPS, J.W. still producing?
- PHILLIPS, J.W. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHILLIPS, J.W. is August 2026.
- How much has PHILLIPS, J.W. produced?
- PHILLIPS, J.W. has reported 91,749 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 21 wellbores.
- How much is PHILLIPS, J.W. worth?
- The remaining production from PHILLIPS, J.W. is estimated to be worth about $591K in total as of 26 August 2026, within a range of $325K to $857K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHILLIPS, J.W. is a fraction of it. The estimate fits an Arps decline curve to the production PHILLIPS, J.W. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHILLIPS, J.W. is an estimate of value, not an offer and not an appraisal.
- How much income does PHILLIPS, J.W. generate in a year?
- PHILLIPS, J.W. is forecast to net about $99K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PHILLIPS, J.W. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Richey Operating, Inc. |
|---|---|
| Field | J. S. Lewis (Marble Falls) |
| County | Brown County, Texas |
| RRC district | 7B |
| Lease number | 12707 |
| Wellbores | 21 |
| Reported production | 91,749 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $591K |
Where PHILLIPS, J.W. 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.