SNAVELY HEIRS
SNAVELY HEIRS is a Texas oil lease in Gregg County, Railroad Commission district 06, operated by Wagner & Brown, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from February 2001 to August 2026, totalling 100,878 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 $961K, with roughly $185K 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 204 barrels a month. Its strongest month on the record we hold was December 2023, at 467 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 SNAVELY HEIRS
- Who operates SNAVELY HEIRS?
- SNAVELY HEIRS is operated by Wagner & Brown, Ltd., Railroad Commission of Texas operator number 891075.
- Where is SNAVELY HEIRS?
- SNAVELY HEIRS is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 14076.
- Is SNAVELY HEIRS still producing?
- SNAVELY HEIRS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SNAVELY HEIRS is August 2026.
- How much has SNAVELY HEIRS produced?
- SNAVELY HEIRS has reported 100,878 barrels of oil (bbl) to the Railroad Commission of Texas between February 2001 and August 2026, from 1 wellbore.
- How much is SNAVELY HEIRS worth?
- The remaining production from SNAVELY HEIRS is estimated to be worth about $961K in total as of 27 August 2026, within a range of $749K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SNAVELY HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production SNAVELY HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SNAVELY HEIRS is an estimate of value, not an offer and not an appraisal.
- How much income does SNAVELY HEIRS generate in a year?
- SNAVELY HEIRS is forecast to net about $185K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SNAVELY HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wagner & Brown, Ltd. |
|---|---|
| Field | Gladewater, E. (Pettit) |
| County | Gregg County, Texas |
| RRC district | 06 |
| Lease number | 14076 |
| Wellbores | 1 |
| Reported production | 100,878 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $961K |
Where SNAVELY HEIRS 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.