MONTGOMERY
MONTGOMERY is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Wheeler Operating Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 43,887 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 $514K, with roughly $98K 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 133 barrels a month. Its strongest month on the record we hold was July 2025, at 319 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 MONTGOMERY
- Who operates MONTGOMERY?
- MONTGOMERY is operated by Wheeler Operating Corporation, Railroad Commission of Texas operator number 914263.
- Where is MONTGOMERY?
- MONTGOMERY is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 63512.
- Is MONTGOMERY still producing?
- MONTGOMERY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MONTGOMERY is August 2026.
- How much has MONTGOMERY produced?
- MONTGOMERY has reported 43,887 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MONTGOMERY worth?
- The remaining production from MONTGOMERY is estimated to be worth about $514K in total as of 27 August 2026, within a range of $401K to $627K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MONTGOMERY is a fraction of it. The estimate fits an Arps decline curve to the production MONTGOMERY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MONTGOMERY is an estimate of value, not an offer and not an appraisal.
- How much income does MONTGOMERY generate in a year?
- MONTGOMERY is forecast to net about $98K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MONTGOMERY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wheeler Operating Corporation |
|---|---|
| Field | Levelland |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 63512 |
| Wellbores | 1 |
| Reported production | 43,887 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $514K |
Where MONTGOMERY 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.