CHANCE, B. E. HEIRS

CHANCE, B. E. HEIRS is a Texas oil lease in Hopkins County, Railroad Commission district 05, operated by Wagner, Duer & Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 160,279 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 $1.6M, with roughly $376K 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 527 barrels a month, about 263 per wellbore. Its strongest month on the record we hold was May 2016, at 1,072 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 CHANCE, B. E. HEIRS

Who operates CHANCE, B. E. HEIRS?: CHANCE, B. E. HEIRS is operated by Wagner, Duer & Co., Railroad Commission of Texas operator number 890990.
Where is CHANCE, B. E. HEIRS?: CHANCE, B. E. HEIRS is a Texas oil lease in Hopkins County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 01956.
Is CHANCE, B. E. HEIRS still producing?: CHANCE, B. E. HEIRS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHANCE, B. E. HEIRS is August 2026.
How much has CHANCE, B. E. HEIRS produced?: CHANCE, B. E. HEIRS has reported 160,279 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
How much is CHANCE, B. E. HEIRS worth?: The remaining production from CHANCE, B. E. HEIRS is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHANCE, B. E. HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production CHANCE, B. E. HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHANCE, B. E. HEIRS is an estimate of value, not an offer and not an appraisal.
How much income does CHANCE, B. E. HEIRS generate in a year?: CHANCE, B. E. HEIRS is forecast to net about $376K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHANCE, B. E. HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CHANCE, B. E. HEIRS as filed with the Railroad Commission of Texas
Operator	Wagner, Duer & Co.
Field	Ardis & Leggett (Paluxy)
County	Hopkins County, Texas
RRC district	05
Lease number	01956
Wellbores	2
Reported production	160,279 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$1.6M

Where CHANCE, B. E. HEIRS sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.