FARMER 5
FARMER 5 is a Texas oil lease in Haskell County, Railroad Commission district 7B, operated by Wilcox Petroleum Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2024 to August 2026, totalling 3,059 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 $368K, with roughly $71K 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 99 barrels a month. Its strongest month on the record we hold was October 2024, at 124 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 FARMER 5
- Who operates FARMER 5?
- FARMER 5 is operated by Wilcox Petroleum Operating LLC., Railroad Commission of Texas operator number 923283.
- Where is FARMER 5?
- FARMER 5 is a Texas oil lease in Haskell County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32744.
- Is FARMER 5 still producing?
- FARMER 5 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FARMER 5 is August 2026.
- How much has FARMER 5 produced?
- FARMER 5 has reported 3,059 barrels of oil (bbl) to the Railroad Commission of Texas between January 2024 and August 2026, from 1 wellbore.
- How much is FARMER 5 worth?
- The remaining production from FARMER 5 is estimated to be worth about $368K in total as of 26 August 2026, within a range of $203K to $534K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FARMER 5 is a fraction of it. The estimate fits an Arps decline curve to the production FARMER 5 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FARMER 5 is an estimate of value, not an offer and not an appraisal.
- How much income does FARMER 5 generate in a year?
- FARMER 5 is forecast to net about $71K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FARMER 5 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wilcox Petroleum Operating LLC. |
|---|---|
| Field | Sojourner |
| County | Haskell County, Texas |
| RRC district | 7B |
| Lease number | 32744 |
| Wellbores | 1 |
| Reported production | 3,059 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $368K |
Where FARMER 5 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.