POTTS
POTTS is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by WJC, Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 42,841 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 $716K, with roughly $138K 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 133 barrels a month, about 33 per wellbore. Its strongest month on the record we hold was February 2026, at 352 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 POTTS
- Who operates POTTS?
- POTTS is operated by WJC, Inc., Railroad Commission of Texas operator number 888140.
- Where is POTTS?
- POTTS is a Texas oil lease in Garza County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 00531.
- Is POTTS still producing?
- POTTS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POTTS is August 2026.
- How much has POTTS produced?
- POTTS has reported 42,841 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is POTTS worth?
- The remaining production from POTTS is estimated to be worth about $716K in total as of 26 August 2026, within a range of $558K to $873K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POTTS is a fraction of it. The estimate fits an Arps decline curve to the production POTTS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POTTS is an estimate of value, not an offer and not an appraisal.
- How much income does POTTS generate in a year?
- POTTS is forecast to net about $138K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in POTTS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WJC, Inc. |
|---|---|
| Field | Buenos |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 00531 |
| Wellbores | 4 |
| Reported production | 42,841 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $716K |
Where POTTS 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.