NOELKE, W. M., EST.
NOELKE, W. M., EST. is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Devon Energy Corporation(Nevada). It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 24,414 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 $306K, with roughly $48K 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 33 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was April 2024, at 157 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 NOELKE, W. M., EST.
- Who operates NOELKE, W. M., EST.?
- NOELKE, W. M., EST. is operated by Devon Energy Corporation(Nevada), Railroad Commission of Texas operator number 216735.
- Where is NOELKE, W. M., EST.?
- NOELKE, W. M., EST. is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 05064.
- Is NOELKE, W. M., EST. still producing?
- NOELKE, W. M., EST. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NOELKE, W. M., EST. is August 2026.
- How much has NOELKE, W. M., EST. produced?
- NOELKE, W. M., EST. has reported 24,414 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 9 wellbores.
- How much is NOELKE, W. M., EST. worth?
- The remaining production from NOELKE, W. M., EST. is estimated to be worth about $306K in total as of 27 August 2026, within a range of $168K to $444K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NOELKE, W. M., EST. is a fraction of it. The estimate fits an Arps decline curve to the production NOELKE, W. M., EST. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NOELKE, W. M., EST. is an estimate of value, not an offer and not an appraisal.
- How much income does NOELKE, W. M., EST. generate in a year?
- NOELKE, W. M., EST. is forecast to net about $48K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NOELKE, W. M., EST. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Corporation(Nevada) |
|---|---|
| Field | Sixty-Seven (Canyon) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 05064 |
| Wellbores | 9 |
| Reported production | 24,414 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $306K |
Where NOELKE, W. M., EST. 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.