MARCHBANKS 28
MARCHBANKS 28 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Lackey, William H. Oil And Gas. It has 1 wellbore on file with the Commission. Reported production runs from February 2007 to August 2026, totalling 35,169 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 $40K, with roughly $5K 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 2 barrels a month. Its strongest month on the record we hold was May 2018, at 189 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 MARCHBANKS 28
- Who operates MARCHBANKS 28?
- MARCHBANKS 28 is operated by Lackey, William H. Oil And Gas, Railroad Commission of Texas operator number 480868.
- Where is MARCHBANKS 28?
- MARCHBANKS 28 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38114.
- Is MARCHBANKS 28 still producing?
- MARCHBANKS 28 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARCHBANKS 28 is August 2026.
- How much has MARCHBANKS 28 produced?
- MARCHBANKS 28 has reported 35,169 barrels of oil (bbl) to the Railroad Commission of Texas between February 2007 and August 2026, from 1 wellbore.
- How much is MARCHBANKS 28 worth?
- The remaining production from MARCHBANKS 28 is estimated to be worth about $40K in total as of 27 August 2026, within a range of $0 to $80K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARCHBANKS 28 is a fraction of it. The estimate fits an Arps decline curve to the production MARCHBANKS 28 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARCHBANKS 28 is an estimate of value, not an offer and not an appraisal.
- How much income does MARCHBANKS 28 generate in a year?
- MARCHBANKS 28 is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARCHBANKS 28 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lackey, William H. Oil And Gas |
|---|---|
| Field | Signal Peak (Wolfcamp) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 38114 |
| Wellbores | 1 |
| Reported production | 35,169 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $40K |
Where MARCHBANKS 28 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.