WALTER CO. UNIT
WALTER CO. UNIT is a Texas oil lease in Jefferson County, Railroad Commission district 03, operated by Square Mile Energy, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from April 2005 to August 2026, totalling 252,380 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 $20K, with roughly $4K 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 5 barrels a month. Its strongest month on the record we hold was June 2016, at 1,108 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 WALTER CO. UNIT
- Who operates WALTER CO. UNIT?
- WALTER CO. UNIT is operated by Square Mile Energy, L.L.C., Railroad Commission of Texas operator number 810815.
- Where is WALTER CO. UNIT?
- WALTER CO. UNIT is a Texas oil lease in Jefferson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24724.
- Is WALTER CO. UNIT still producing?
- WALTER CO. UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WALTER CO. UNIT is August 2026.
- How much has WALTER CO. UNIT produced?
- WALTER CO. UNIT has reported 252,380 barrels of oil (bbl) to the Railroad Commission of Texas between April 2005 and August 2026, from 1 wellbore.
- How much is WALTER CO. UNIT worth?
- The remaining production from WALTER CO. UNIT is estimated to be worth about $20K in total as of 26 August 2026, within a range of $0 to $39K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WALTER CO. UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WALTER CO. UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WALTER CO. UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WALTER CO. UNIT generate in a year?
- WALTER CO. UNIT is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WALTER CO. UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Square Mile Energy, L.L.C. |
|---|---|
| Field | Green Gully (Nod Blanpedi) |
| County | Jefferson County, Texas |
| RRC district | 03 |
| Lease number | 24724 |
| Wellbores | 1 |
| Reported production | 252,380 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $20K |
Where WALTER CO. UNIT 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.