WALLACE RANCH "B"
WALLACE RANCH "B" is a Texas oil lease in Kent County, Railroad Commission district 8A, operated by West Texas Oil And Gas Oper.,Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 63,176 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 $363K, with roughly $70K 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 113 barrels a month, about 56 per wellbore. Its strongest month on the record we hold was August 2016, at 197 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 WALLACE RANCH "B"
- Who operates WALLACE RANCH "B"?
- WALLACE RANCH "B" is operated by West Texas Oil And Gas Oper.,Inc, Railroad Commission of Texas operator number 910335.
- Where is WALLACE RANCH "B"?
- WALLACE RANCH "B" is a Texas oil lease in Kent County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 64520.
- Is WALLACE RANCH "B" still producing?
- WALLACE RANCH "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WALLACE RANCH "B" is August 2026.
- How much has WALLACE RANCH "B" produced?
- WALLACE RANCH "B" has reported 63,176 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is WALLACE RANCH "B" worth?
- The remaining production from WALLACE RANCH "B" is estimated to be worth about $363K in total as of 27 August 2026, within a range of $283K to $443K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WALLACE RANCH "B" is a fraction of it. The estimate fits an Arps decline curve to the production WALLACE RANCH "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WALLACE RANCH "B" is an estimate of value, not an offer and not an appraisal.
- How much income does WALLACE RANCH "B" generate in a year?
- WALLACE RANCH "B" is forecast to net about $70K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WALLACE RANCH "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | West Texas Oil And Gas Oper.,Inc |
|---|---|
| Field | Jayton, West (Strawn Sand) |
| County | Kent County, Texas |
| RRC district | 8A |
| Lease number | 64520 |
| Wellbores | 2 |
| Reported production | 63,176 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $363K |
Where WALLACE RANCH "B" 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.