WRIGHT, PIERCE EST. -B-

WRIGHT, PIERCE EST. -B- is a Texas oil lease in Guadalupe County, Railroad Commission district 01, operated by Cherry Oil & Gas. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 24,282 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 $18K, with roughly $3K 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 1 per wellbore. Its strongest month on the record we hold was October 2021, at 68 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 WRIGHT, PIERCE EST. -B-

Who operates WRIGHT, PIERCE EST. -B-?: WRIGHT, PIERCE EST. -B- is operated by Cherry Oil & Gas, Railroad Commission of Texas operator number 147657.
Where is WRIGHT, PIERCE EST. -B-?: WRIGHT, PIERCE EST. -B- is a Texas oil lease in Guadalupe County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 03422.
Is WRIGHT, PIERCE EST. -B- still producing?: WRIGHT, PIERCE EST. -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WRIGHT, PIERCE EST. -B- is August 2026.
How much has WRIGHT, PIERCE EST. -B- produced?: WRIGHT, PIERCE EST. -B- has reported 24,282 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
How much is WRIGHT, PIERCE EST. -B- worth?: The remaining production from WRIGHT, PIERCE EST. -B- is estimated to be worth about $18K in total as of 26 August 2026, within a range of $0 to $35K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WRIGHT, PIERCE EST. -B- is a fraction of it. The estimate fits an Arps decline curve to the production WRIGHT, PIERCE EST. -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WRIGHT, PIERCE EST. -B- is an estimate of value, not an offer and not an appraisal.
How much income does WRIGHT, PIERCE EST. -B- generate in a year?: WRIGHT, PIERCE EST. -B- is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WRIGHT, PIERCE EST. -B- receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

WRIGHT, PIERCE EST. -B- as filed with the Railroad Commission of Texas
Operator	Cherry Oil & Gas
Field	Spiller
County	Guadalupe County, Texas
RRC district	01
Lease number	03422
Wellbores	4
Reported production	24,282 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$18K

Where WRIGHT, PIERCE EST. -B- sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.