WALNUT

WALNUT is a Texas oil lease in Cass County, Railroad Commission district 06, operated by Rose City Resources, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2025 to August 2026, totalling 280,542 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 $2.7M, with roughly $2.3M 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 13,473 barrels a month. Its strongest month on the record we hold was April 2025, at 32,274 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 WALNUT

Who operates WALNUT?
WALNUT is operated by Rose City Resources, LLC, Railroad Commission of Texas operator number 727892.
Where is WALNUT?
WALNUT is a Texas oil lease in Cass County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 16139.
Is WALNUT still producing?
WALNUT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WALNUT is August 2026.
How much has WALNUT produced?
WALNUT has reported 280,542 barrels of oil (bbl) to the Railroad Commission of Texas between January 2025 and August 2026, from 1 wellbore.
How much is WALNUT worth?
The remaining production from WALNUT is estimated to be worth about $2.7M in total as of 26 August 2026, within a range of $2.2M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WALNUT is a fraction of it. The estimate fits an Arps decline curve to the production WALNUT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WALNUT is an estimate of value, not an offer and not an appraisal.
How much income does WALNUT generate in a year?
WALNUT is forecast to net about $2.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WALNUT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

WALNUT as filed with the Railroad Commission of Texas
OperatorRose City Resources, LLC
FieldHidden Rock (Cotton Valley Lime)
CountyCass County, Texas
RRC district06
Lease number16139
Wellbores1
Reported production280,542 bbl
First reported
Last reported
Estimated royalty value$2.7M

Where WALNUT 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.