WASKOM UNIT
WASKOM UNIT is a Texas oil lease in Harrison County, Railroad Commission district 06, operated by Petroleum Production MGMT., Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 47,825 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 $492K, with roughly $95K 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 83 barrels a month. Its strongest month on the record we hold was August 2024, at 256 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 WASKOM UNIT
- Who operates WASKOM UNIT?
- WASKOM UNIT is operated by Petroleum Production MGMT., Inc., Railroad Commission of Texas operator number 660694.
- Where is WASKOM UNIT?
- WASKOM UNIT is a Texas oil lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 03476.
- Is WASKOM UNIT still producing?
- WASKOM UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WASKOM UNIT is August 2026.
- How much has WASKOM UNIT produced?
- WASKOM UNIT has reported 47,825 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WASKOM UNIT worth?
- The remaining production from WASKOM UNIT is estimated to be worth about $492K in total as of 26 August 2026, within a range of $270K to $713K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WASKOM UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WASKOM UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WASKOM UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WASKOM UNIT generate in a year?
- WASKOM UNIT is forecast to net about $95K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WASKOM UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petroleum Production MGMT., Inc. |
|---|---|
| Field | Waskom (Rodessa 4800) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 03476 |
| Wellbores | 1 |
| Reported production | 47,825 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $492K |
Where WASKOM UNIT 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.