WIGHT, L. E. "B"
WIGHT, L. E. "B" is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Arco Oil & Gas Co. It has 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 435,643 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 $1.2M, with roughly $356K 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 370 barrels a month, about 53 per wellbore. Its strongest month on the record we hold was August 2016, at 909 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 WIGHT, L. E. "B"
- Who operates WIGHT, L. E. "B"?
- WIGHT, L. E. "B" is operated by Arco Oil & Gas Co., Railroad Commission of Texas operator number 029340.
- Where is WIGHT, L. E. "B"?
- WIGHT, L. E. "B" is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 22460.
- Is WIGHT, L. E. "B" still producing?
- WIGHT, L. E. "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WIGHT, L. E. "B" is August 2026.
- How much has WIGHT, L. E. "B" produced?
- WIGHT, L. E. "B" has reported 435,643 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 7 wellbores.
- How much is WIGHT, L. E. "B" worth?
- The remaining production from WIGHT, L. E. "B" is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $948K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WIGHT, L. E. "B" is a fraction of it. The estimate fits an Arps decline curve to the production WIGHT, L. E. "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WIGHT, L. E. "B" is an estimate of value, not an offer and not an appraisal.
- How much income does WIGHT, L. E. "B" generate in a year?
- WIGHT, L. E. "B" is forecast to net about $356K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WIGHT, L. E. "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arco Oil & Gas Co. |
|---|---|
| Field | Cowden, North (Deep) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 22460 |
| Wellbores | 7 |
| Reported production | 435,643 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where WIGHT, L. E. "B" 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.