PARAFFINE 40 ACRES
PARAFFINE 40 ACRES is a Texas oil lease in Hardin County, Railroad Commission district 03, operated by Storms, L.W. & Yust, R.L., Ltd. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 5,398 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 $1K, with roughly $251 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 0 barrels a month. Its strongest month on the record we hold was June 2016, at 1 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 PARAFFINE 40 ACRES
- Who operates PARAFFINE 40 ACRES?
- PARAFFINE 40 ACRES is operated by Storms, L.W. & Yust, R.L., Ltd., Railroad Commission of Texas operator number 824050.
- Where is PARAFFINE 40 ACRES?
- PARAFFINE 40 ACRES is a Texas oil lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 04813.
- Is PARAFFINE 40 ACRES still producing?
- PARAFFINE 40 ACRES is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PARAFFINE 40 ACRES is August 2026.
- How much has PARAFFINE 40 ACRES produced?
- PARAFFINE 40 ACRES has reported 5,398 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 8 wellbores.
- How much is PARAFFINE 40 ACRES worth?
- The remaining production from PARAFFINE 40 ACRES is estimated to be worth about $1K in total as of 27 August 2026, within a range of $0 to $3K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARAFFINE 40 ACRES is a fraction of it. The estimate fits an Arps decline curve to the production PARAFFINE 40 ACRES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARAFFINE 40 ACRES is an estimate of value, not an offer and not an appraisal.
- How much income does PARAFFINE 40 ACRES generate in a year?
- PARAFFINE 40 ACRES is forecast to net about $251 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PARAFFINE 40 ACRES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Storms, L.W. & Yust, R.L., Ltd. |
|---|---|
| Field | Batson Old |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 04813 |
| Wellbores | 8 |
| Reported production | 5,398 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1K |
Where PARAFFINE 40 ACRES 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.