WAKEFIELD
WAKEFIELD is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Cross Timbers Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 185,532 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 $541K, with roughly $161K 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 279 barrels a month. Its strongest month on the record we hold was March 2019, at 739 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 WAKEFIELD
- Who operates WAKEFIELD?
- WAKEFIELD is operated by Cross Timbers Operating Company, Railroad Commission of Texas operator number 190468.
- Where is WAKEFIELD?
- WAKEFIELD is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 63616.
- Is WAKEFIELD still producing?
- WAKEFIELD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WAKEFIELD is August 2026.
- How much has WAKEFIELD produced?
- WAKEFIELD has reported 185,532 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WAKEFIELD worth?
- The remaining production from WAKEFIELD is estimated to be worth about $541K in total as of 26 August 2026, within a range of $422K to $660K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WAKEFIELD is a fraction of it. The estimate fits an Arps decline curve to the production WAKEFIELD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WAKEFIELD is an estimate of value, not an offer and not an appraisal.
- How much income does WAKEFIELD generate in a year?
- WAKEFIELD is forecast to net about $161K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WAKEFIELD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cross Timbers Operating Company |
|---|---|
| Field | Maxey (Silurian) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 63616 |
| Wellbores | 1 |
| Reported production | 185,532 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $541K |
Where WAKEFIELD 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.