SNAP I
SNAP I is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Wildhorse Resources MNGT Co, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2017 to August 2026, totalling 243,079 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 $2.2M, with roughly $479K 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 695 barrels a month. Its strongest month on the record we hold was September 2017, at 17,017 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 SNAP I
- Who operates SNAP I?
- SNAP I is operated by Wildhorse Resources MNGT Co, LLC, Railroad Commission of Texas operator number 923453.
- Where is SNAP I?
- SNAP I is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27366.
- Is SNAP I still producing?
- SNAP I is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SNAP I is August 2026.
- How much has SNAP I produced?
- SNAP I has reported 243,079 barrels of oil (bbl) to the Railroad Commission of Texas between July 2017 and August 2026, from 1 wellbore.
- How much is SNAP I worth?
- The remaining production from SNAP I is estimated to be worth about $2.2M in total as of 26 August 2026, within a range of $1.7M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SNAP I is a fraction of it. The estimate fits an Arps decline curve to the production SNAP I has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SNAP I is an estimate of value, not an offer and not an appraisal.
- How much income does SNAP I generate in a year?
- SNAP I is forecast to net about $479K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SNAP I receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wildhorse Resources MNGT Co, LLC |
|---|---|
| Field | Giddings (Eagleford) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 27366 |
| Wellbores | 1 |
| Reported production | 243,079 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where SNAP I 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.