WATKINS, E. E. -B-

WATKINS, E. E. -B- is a Texas oil lease in Hutchinson County, Railroad Commission district 10, operated by Cairn Energy, USA, Inc. It has 20 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 30,635 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 $184K, with roughly $35K 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 49 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was July 2020, at 263 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 WATKINS, E. E. -B-

Who operates WATKINS, E. E. -B-?: WATKINS, E. E. -B- is operated by Cairn Energy, USA, Inc., Railroad Commission of Texas operator number 123133.
Where is WATKINS, E. E. -B-?: WATKINS, E. E. -B- is a Texas oil lease in Hutchinson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 01239.
Is WATKINS, E. E. -B- still producing?: WATKINS, E. E. -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WATKINS, E. E. -B- is August 2026.
How much has WATKINS, E. E. -B- produced?: WATKINS, E. E. -B- has reported 30,635 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 20 wellbores.
How much is WATKINS, E. E. -B- worth?: The remaining production from WATKINS, E. E. -B- is estimated to be worth about $184K in total as of 26 August 2026, within a range of $101K to $266K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WATKINS, E. E. -B- is a fraction of it. The estimate fits an Arps decline curve to the production WATKINS, E. E. -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WATKINS, E. E. -B- is an estimate of value, not an offer and not an appraisal.
How much income does WATKINS, E. E. -B- generate in a year?: WATKINS, E. E. -B- is forecast to net about $35K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WATKINS, E. E. -B- receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

WATKINS, E. E. -B- as filed with the Railroad Commission of Texas
Operator	Cairn Energy, USA, Inc.
Field	Panhandle Hutchinson County FLD.
County	Hutchinson County, Texas
RRC district	10
Lease number	01239
Wellbores	20
Reported production	30,635 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$184K

Where WATKINS, E. E. -B- sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 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.