WATTS
WATTS is a Texas oil lease in Hardin County, Railroad Commission district 03, operated by Atco Prod. Co., Inc. It has 10 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 30,259 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 $81K, with roughly $16K 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 24 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was January 2018, at 141 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 WATTS
- Who operates WATTS?
- WATTS is operated by Atco Prod. Co., Inc., Railroad Commission of Texas operator number 036050.
- Where is WATTS?
- WATTS is a Texas oil lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 10011.
- Is WATTS still producing?
- WATTS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WATTS is August 2026.
- How much has WATTS produced?
- WATTS has reported 30,259 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 10 wellbores.
- How much is WATTS worth?
- The remaining production from WATTS is estimated to be worth about $81K in total as of 26 August 2026, within a range of $44K to $117K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WATTS is a fraction of it. The estimate fits an Arps decline curve to the production WATTS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WATTS is an estimate of value, not an offer and not an appraisal.
- How much income does WATTS generate in a year?
- WATTS is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WATTS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Atco Prod. Co., Inc. |
|---|---|
| Field | Sour Lake |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 10011 |
| Wellbores | 10 |
| Reported production | 30,259 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $81K |
Where WATTS 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.