TEXAS "W"
TEXAS "W" is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Slant Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2021 to August 2026, totalling 6,896 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 $545K, with roughly $101K 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 111 barrels a month. Its strongest month on the record we hold was January 2022, at 323 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 TEXAS "W"
- Who operates TEXAS "W"?
- TEXAS "W" is operated by Slant Operating, LLC, Railroad Commission of Texas operator number 786697.
- Where is TEXAS "W"?
- TEXAS "W" is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56948.
- Is TEXAS "W" still producing?
- TEXAS "W" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXAS "W" is August 2026.
- How much has TEXAS "W" produced?
- TEXAS "W" has reported 6,896 barrels of oil (bbl) to the Railroad Commission of Texas between December 2021 and August 2026, from 1 wellbore.
- How much is TEXAS "W" worth?
- The remaining production from TEXAS "W" is estimated to be worth about $545K in total as of 26 August 2026, within a range of $425K to $665K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXAS "W" is a fraction of it. The estimate fits an Arps decline curve to the production TEXAS "W" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXAS "W" is an estimate of value, not an offer and not an appraisal.
- How much income does TEXAS "W" generate in a year?
- TEXAS "W" is forecast to net about $101K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEXAS "W" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Slant Operating, LLC |
|---|---|
| Field | Dune (Wolfcamp) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 56948 |
| Wellbores | 1 |
| Reported production | 6,896 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $545K |
Where TEXAS "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.