ERWIN
ERWIN is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Bend Petroleum Corp. It has 4 wellbores on file with the Commission. Reported production runs from October 2020 to August 2026, totalling 118,707 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 $3.8M, with roughly $1.0M 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 1,516 barrels a month, about 379 per wellbore. Its strongest month on the record we hold was July 2022, at 3,535 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 ERWIN
- Who operates ERWIN?
- ERWIN is operated by Bend Petroleum Corp., Railroad Commission of Texas operator number 064129.
- Where is ERWIN?
- ERWIN is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 34008.
- Is ERWIN still producing?
- ERWIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ERWIN is August 2026.
- How much has ERWIN produced?
- ERWIN has reported 118,707 barrels of oil (bbl) to the Railroad Commission of Texas between October 2020 and August 2026, from 4 wellbores.
- How much is ERWIN worth?
- The remaining production from ERWIN is estimated to be worth about $3.8M in total as of 26 August 2026, within a range of $3.2M to $4.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ERWIN is a fraction of it. The estimate fits an Arps decline curve to the production ERWIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ERWIN is an estimate of value, not an offer and not an appraisal.
- How much income does ERWIN generate in a year?
- ERWIN is forecast to net about $1.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ERWIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bend Petroleum Corp. |
|---|---|
| Field | Mcelreath, S. (Strawn 4200) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 34008 |
| Wellbores | 4 |
| Reported production | 118,707 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.8M |
Where ERWIN 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.