WILL O' WISP M 20-17

WILL O' WISP M 20-17 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Surge Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2023 to August 2026, totalling 227,370 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 $4.4M, with roughly $1.5M 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 2,675 barrels a month. Its strongest month on the record we hold was October 2023, at 29,911 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 WILL O' WISP M 20-17

Who operates WILL O' WISP M 20-17?
WILL O' WISP M 20-17 is operated by Surge Operating, LLC, Railroad Commission of Texas operator number 760725.
Where is WILL O' WISP M 20-17?
WILL O' WISP M 20-17 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60009.
Is WILL O' WISP M 20-17 still producing?
WILL O' WISP M 20-17 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WILL O' WISP M 20-17 is August 2026.
How much has WILL O' WISP M 20-17 produced?
WILL O' WISP M 20-17 has reported 227,370 barrels of oil (bbl) to the Railroad Commission of Texas between September 2023 and August 2026, from 1 wellbore.
How much is WILL O' WISP M 20-17 worth?
The remaining production from WILL O' WISP M 20-17 is estimated to be worth about $4.4M in total as of 26 August 2026, within a range of $3.7M to $5.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WILL O' WISP M 20-17 is a fraction of it. The estimate fits an Arps decline curve to the production WILL O' WISP M 20-17 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WILL O' WISP M 20-17 is an estimate of value, not an offer and not an appraisal.
How much income does WILL O' WISP M 20-17 generate in a year?
WILL O' WISP M 20-17 is forecast to net about $1.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WILL O' WISP M 20-17 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

WILL O' WISP M 20-17 as filed with the Railroad Commission of Texas
OperatorSurge Operating, LLC
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number60009
Wellbores1
Reported production227,370 bbl
First reported
Last reported
Estimated royalty value$4.4M

Where WILL O' WISP M 20-17 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.