WALSH #1
WALSH #1 is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Precision Operating Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 7,279 barrels. The lease is intermittent. 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 $27K, with roughly $5K 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 6 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was February 2026, at 37 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 WALSH #1
- Who operates WALSH #1?
- WALSH #1 is operated by Precision Operating Inc., Railroad Commission of Texas operator number 676010.
- Where is WALSH #1?
- WALSH #1 is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 24267.
- Is WALSH #1 still producing?
- WALSH #1 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for WALSH #1 is August 2026.
- How much has WALSH #1 produced?
- WALSH #1 has reported 7,279 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is WALSH #1 worth?
- The remaining production from WALSH #1 is estimated to be worth about $27K in total as of 26 August 2026, within a range of $0 to $54K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WALSH #1 is a fraction of it. The estimate fits an Arps decline curve to the production WALSH #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WALSH #1 is an estimate of value, not an offer and not an appraisal.
- How much income does WALSH #1 generate in a year?
- WALSH #1 is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WALSH #1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Precision Operating Inc. |
|---|---|
| Field | Southmayd, North (Baker-Viola) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 24267 |
| Wellbores | 2 |
| Reported production | 7,279 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $27K |
Where WALSH #1 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.