WEISE
WEISE is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Weber Energy Corporation. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 38,303 barrels. The lease is shut in. 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 $17K, with roughly $3K 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 12 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was April 2018, at 146 barrels.
Key facts about WEISE
- Who operates WEISE?
- WEISE is operated by Weber Energy Corporation, Railroad Commission of Texas operator number 904601.
- Where is WEISE?
- WEISE is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 19318.
- Is WEISE still producing?
- WEISE is shut in. The most recent month of production reported to the Railroad Commission of Texas for WEISE is August 2026.
- How much has WEISE produced?
- WEISE has reported 38,303 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is WEISE worth?
- The remaining production from WEISE is estimated to be worth about $17K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEISE is a fraction of it. The estimate fits an Arps decline curve to the production WEISE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEISE is an estimate of value, not an offer and not an appraisal.
- How much income does WEISE generate in a year?
- WEISE is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WEISE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Weber Energy Corporation |
|---|---|
| Field | Serbin (Taylor Sand) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 19318 |
| Wellbores | 3 |
| Reported production | 38,303 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $17K |
Where WEISE 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.