TOWNSITE
TOWNSITE is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Weber Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from May 1994 to August 2026, totalling 164,455 barrels. The lease is intermittent. 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 $94K, with roughly $13K 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 3 barrels a month. Its strongest month on the record we hold was October 2016, at 52 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 TOWNSITE
- Who operates TOWNSITE?
- TOWNSITE is operated by Weber Energy Corporation, Railroad Commission of Texas operator number 904601.
- Where is TOWNSITE?
- TOWNSITE is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22470.
- Is TOWNSITE still producing?
- TOWNSITE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for TOWNSITE is August 2026.
- How much has TOWNSITE produced?
- TOWNSITE has reported 164,455 barrels of oil (bbl) to the Railroad Commission of Texas between May 1994 and August 2026, from 1 wellbore.
- How much is TOWNSITE worth?
- The remaining production from TOWNSITE is estimated to be worth about $94K in total as of 26 August 2026, within a range of $0 to $189K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TOWNSITE is a fraction of it. The estimate fits an Arps decline curve to the production TOWNSITE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TOWNSITE is an estimate of value, not an offer and not an appraisal.
- How much income does TOWNSITE generate in a year?
- TOWNSITE is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TOWNSITE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Weber Energy Corporation |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 22470 |
| Wellbores | 1 |
| Reported production | 164,455 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $94K |
Where TOWNSITE 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.