WARREN
WARREN is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Young, Marshall R., Oil Co. It has 4 wellbores on file with the Commission. Reported production runs from March 1998 to August 2026, totalling 405,100 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 $473K, with roughly $91K 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 122 barrels a month, about 30 per wellbore. Its strongest month on the record we hold was October 2017, at 362 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 WARREN
- Who operates WARREN?
- WARREN is operated by Young, Marshall R., Oil Co., Railroad Commission of Texas operator number 949290.
- Where is WARREN?
- WARREN is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67900.
- Is WARREN still producing?
- WARREN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WARREN is August 2026.
- How much has WARREN produced?
- WARREN has reported 405,100 barrels of oil (bbl) to the Railroad Commission of Texas between March 1998 and August 2026, from 4 wellbores.
- How much is WARREN worth?
- The remaining production from WARREN is estimated to be worth about $473K in total as of 26 August 2026, within a range of $369K to $577K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WARREN is a fraction of it. The estimate fits an Arps decline curve to the production WARREN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WARREN is an estimate of value, not an offer and not an appraisal.
- How much income does WARREN generate in a year?
- WARREN is forecast to net about $91K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WARREN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Young, Marshall R., Oil Co. |
|---|---|
| Field | New Era, S. (Glorieta) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 67900 |
| Wellbores | 4 |
| Reported production | 405,100 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $473K |
Where WARREN 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.