WEEKS
WEEKS is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Texon Oil Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 1994 to August 2026, totalling 63,796 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 $639K, with roughly $123K 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 180 barrels a month. Its strongest month on the record we hold was December 2023, at 239 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 WEEKS
- Who operates WEEKS?
- WEEKS is operated by Texon Oil Company, Inc., Railroad Commission of Texas operator number 850648.
- Where is WEEKS?
- WEEKS is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67328.
- Is WEEKS still producing?
- WEEKS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEEKS is August 2026.
- How much has WEEKS produced?
- WEEKS has reported 63,796 barrels of oil (bbl) to the Railroad Commission of Texas between November 1994 and August 2026, from 1 wellbore.
- How much is WEEKS worth?
- The remaining production from WEEKS is estimated to be worth about $639K in total as of 26 August 2026, within a range of $498K to $780K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEEKS is a fraction of it. The estimate fits an Arps decline curve to the production WEEKS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEEKS is an estimate of value, not an offer and not an appraisal.
- How much income does WEEKS generate in a year?
- WEEKS is forecast to net about $123K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WEEKS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texon Oil Company, Inc. |
|---|---|
| Field | Weeks (Clearfork) |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 67328 |
| Wellbores | 1 |
| Reported production | 63,796 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $639K |
Where WEEKS 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.