DROEMER, WALTER
DROEMER, WALTER is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Bommer Engineering Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 58,262 barrels. The lease is intermittent. 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 $134K, with roughly $22K 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 23 barrels a month. Its strongest month on the record we hold was February 2025, at 61 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 DROEMER, WALTER
- Who operates DROEMER, WALTER?
- DROEMER, WALTER is operated by Bommer Engineering Co., Railroad Commission of Texas operator number 081565.
- Where is DROEMER, WALTER?
- DROEMER, WALTER is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 11182.
- Is DROEMER, WALTER still producing?
- DROEMER, WALTER is intermittent. The most recent month of production reported to the Railroad Commission of Texas for DROEMER, WALTER is August 2026.
- How much has DROEMER, WALTER produced?
- DROEMER, WALTER has reported 58,262 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is DROEMER, WALTER worth?
- The remaining production from DROEMER, WALTER is estimated to be worth about $134K in total as of 26 August 2026, within a range of $74K to $194K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DROEMER, WALTER is a fraction of it. The estimate fits an Arps decline curve to the production DROEMER, WALTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DROEMER, WALTER is an estimate of value, not an offer and not an appraisal.
- How much income does DROEMER, WALTER generate in a year?
- DROEMER, WALTER is forecast to net about $22K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DROEMER, WALTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bommer Engineering Co. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 11182 |
| Wellbores | 1 |
| Reported production | 58,262 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $134K |
Where DROEMER, WALTER 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.