VICARS, J. F.

VICARS, J. F. is a Texas oil lease in Gray County, Railroad Commission district 10, operated by L & W Operators. It has 15 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 74,506 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 $615K, with roughly $118K 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 166 barrels a month, about 11 per wellbore. Its strongest month on the record we hold was May 2023, at 302 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 VICARS, J. F.

Who operates VICARS, J. F.?
VICARS, J. F. is operated by L & W Operators, Railroad Commission of Texas operator number 479899.
Where is VICARS, J. F.?
VICARS, J. F. is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00557.
Is VICARS, J. F. still producing?
VICARS, J. F. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VICARS, J. F. is August 2026.
How much has VICARS, J. F. produced?
VICARS, J. F. has reported 74,506 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 15 wellbores.
How much is VICARS, J. F. worth?
The remaining production from VICARS, J. F. is estimated to be worth about $615K in total as of 27 August 2026, within a range of $480K to $751K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VICARS, J. F. is a fraction of it. The estimate fits an Arps decline curve to the production VICARS, J. F. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VICARS, J. F. is an estimate of value, not an offer and not an appraisal.
How much income does VICARS, J. F. generate in a year?
VICARS, J. F. is forecast to net about $118K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VICARS, J. F. receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

VICARS, J. F. as filed with the Railroad Commission of Texas
OperatorL & W Operators
FieldPanhandle Gray County Field
CountyGray County, Texas
RRC district10
Lease number00557
Wellbores15
Reported production74,506 bbl
First reported
Last reported
Estimated royalty value$615K

Where VICARS, J. F. 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.