WARE-COMMUNITY
WARE-COMMUNITY is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by BLS Production Co., Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 33,914 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 $491K, with roughly $94K 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 147 barrels a month, about 37 per wellbore. Its strongest month on the record we hold was January 2020, at 238 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 WARE-COMMUNITY
- Who operates WARE-COMMUNITY?
- WARE-COMMUNITY is operated by BLS Production Co., Inc., Railroad Commission of Texas operator number 076385.
- Where is WARE-COMMUNITY?
- WARE-COMMUNITY is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 02594.
- Is WARE-COMMUNITY still producing?
- WARE-COMMUNITY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WARE-COMMUNITY is August 2026.
- How much has WARE-COMMUNITY produced?
- WARE-COMMUNITY has reported 33,914 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is WARE-COMMUNITY worth?
- The remaining production from WARE-COMMUNITY is estimated to be worth about $491K in total as of 26 August 2026, within a range of $383K to $599K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WARE-COMMUNITY is a fraction of it. The estimate fits an Arps decline curve to the production WARE-COMMUNITY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WARE-COMMUNITY is an estimate of value, not an offer and not an appraisal.
- How much income does WARE-COMMUNITY generate in a year?
- WARE-COMMUNITY is forecast to net about $94K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WARE-COMMUNITY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BLS Production Co., Inc. |
|---|---|
| Field | Woodbine |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 02594 |
| Wellbores | 4 |
| Reported production | 33,914 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $491K |
Where WARE-COMMUNITY 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.