WARDER
WARDER is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Sheridan Production Company, LLC. It has 29 wellbores on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 494,186 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 $5.4M, with roughly $1.2M 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 1,824 barrels a month, about 63 per wellbore. Its strongest month on the record we hold was July 2018, at 3,667 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 WARDER
- Who operates WARDER?
- WARDER is operated by Sheridan Production Company, LLC, Railroad Commission of Texas operator number 775854.
- Where is WARDER?
- WARDER is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41063.
- Is WARDER still producing?
- WARDER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WARDER is August 2026.
- How much has WARDER produced?
- WARDER has reported 494,186 barrels of oil (bbl) to the Railroad Commission of Texas between December 2011 and August 2026, from 29 wellbores.
- How much is WARDER worth?
- The remaining production from WARDER is estimated to be worth about $5.4M in total as of 26 August 2026, within a range of $4.5M to $6.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WARDER is a fraction of it. The estimate fits an Arps decline curve to the production WARDER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WARDER is an estimate of value, not an offer and not an appraisal.
- How much income does WARDER generate in a year?
- WARDER is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WARDER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sheridan Production Company, LLC |
|---|---|
| Field | Howard Glasscock (Consolidated) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 41063 |
| Wellbores | 29 |
| Reported production | 494,186 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.4M |
Where WARDER 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.