WADE
WADE is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Walsh & Watts, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 69,588 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 $74K, with roughly $14K 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 12 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was July 2018, at 393 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 WADE
- Who operates WADE?
- WADE is operated by Walsh & Watts, Inc., Railroad Commission of Texas operator number 895060.
- Where is WADE?
- WADE is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 18190.
- Is WADE still producing?
- WADE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WADE is August 2026.
- How much has WADE produced?
- WADE has reported 69,588 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is WADE worth?
- The remaining production from WADE is estimated to be worth about $74K in total as of 26 August 2026, within a range of $41K to $108K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WADE is a fraction of it. The estimate fits an Arps decline curve to the production WADE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WADE is an estimate of value, not an offer and not an appraisal.
- How much income does WADE generate in a year?
- WADE is forecast to net about $14K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WADE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Walsh & Watts, Inc. |
|---|---|
| Field | Pardue (Flippen) |
| County | Fisher County, Texas |
| RRC district | 7B |
| Lease number | 18190 |
| Wellbores | 2 |
| Reported production | 69,588 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $74K |
Where WADE 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.