WEEDON, JOE "A"
WEEDON, JOE "A" is a Texas oil lease in Brown County, Railroad Commission district 7B, operated by Southwest Gas Systems, Inc. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 14,798 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 $165K, with roughly $27K 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 25 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was March 2024, at 57 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 WEEDON, JOE "A"
- Who operates WEEDON, JOE "A"?
- WEEDON, JOE "A" is operated by Southwest Gas Systems, Inc., Railroad Commission of Texas operator number 806190.
- Where is WEEDON, JOE "A"?
- WEEDON, JOE "A" is a Texas oil lease in Brown County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 24185.
- Is WEEDON, JOE "A" still producing?
- WEEDON, JOE "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEEDON, JOE "A" is August 2026.
- How much has WEEDON, JOE "A" produced?
- WEEDON, JOE "A" has reported 14,798 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is WEEDON, JOE "A" worth?
- The remaining production from WEEDON, JOE "A" is estimated to be worth about $165K in total as of 27 August 2026, within a range of $91K to $239K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEEDON, JOE "A" is a fraction of it. The estimate fits an Arps decline curve to the production WEEDON, JOE "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEEDON, JOE "A" is an estimate of value, not an offer and not an appraisal.
- How much income does WEEDON, JOE "A" generate in a year?
- WEEDON, JOE "A" is forecast to net about $27K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WEEDON, JOE "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Southwest Gas Systems, Inc. |
|---|---|
| Field | Weedon (Marble Falls) |
| County | Brown County, Texas |
| RRC district | 7B |
| Lease number | 24185 |
| Wellbores | 5 |
| Reported production | 14,798 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $165K |
Where WEEDON, JOE "A" 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.