LEE, T. W.
LEE, T. W. is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by White Rock Production Co. It has 28 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 222,783 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 $573K, with roughly $163K 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 258 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was October 2023, at 708 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 LEE, T. W.
- Who operates LEE, T. W.?
- LEE, T. W. is operated by White Rock Production Co., Railroad Commission of Texas operator number 916960.
- Where is LEE, T. W.?
- LEE, T. W. is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 08306.
- Is LEE, T. W. still producing?
- LEE, T. W. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEE, T. W. is August 2026.
- How much has LEE, T. W. produced?
- LEE, T. W. has reported 222,783 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 28 wellbores.
- How much is LEE, T. W. worth?
- The remaining production from LEE, T. W. is estimated to be worth about $573K in total as of 27 August 2026, within a range of $447K to $699K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEE, T. W. is a fraction of it. The estimate fits an Arps decline curve to the production LEE, T. W. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEE, T. W. is an estimate of value, not an offer and not an appraisal.
- How much income does LEE, T. W. generate in a year?
- LEE, T. W. is forecast to net about $163K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEE, T. W. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | White Rock Production Co. |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 08306 |
| Wellbores | 28 |
| Reported production | 222,783 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $573K |
Where LEE, T. W. 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.