WES
WES is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Bar-Mac Investments Inc. It has 2 wellbores on file with the Commission. Reported production runs from August 2001 to August 2026, totalling 20,781 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 $181K, with roughly $32K 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 36 barrels a month, about 18 per wellbore. Its strongest month on the record we hold was June 2019, at 120 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 WES
- Who operates WES?
- WES is operated by Bar-Mac Investments Inc., Railroad Commission of Texas operator number 049767.
- Where is WES?
- WES is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24064.
- Is WES still producing?
- WES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WES is August 2026.
- How much has WES produced?
- WES has reported 20,781 barrels of oil (bbl) to the Railroad Commission of Texas between August 2001 and August 2026, from 2 wellbores.
- How much is WES worth?
- The remaining production from WES is estimated to be worth about $181K in total as of 26 August 2026, within a range of $100K to $263K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WES is a fraction of it. The estimate fits an Arps decline curve to the production WES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WES is an estimate of value, not an offer and not an appraisal.
- How much income does WES generate in a year?
- WES is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bar-Mac Investments Inc. |
|---|---|
| Field | Hooker Creek (Navarro A) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 24064 |
| Wellbores | 2 |
| Reported production | 20,781 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $181K |
Where WES 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.