WOLZ
WOLZ is a Texas oil lease in Lee County, Railroad Commission district 03, operated by WCS Oil And Gas Corporation. It has 2 wellbores on file with the Commission. Reported production runs from January 2004 to August 2026, totalling 196,282 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 $824K, with roughly $148K 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 218 barrels a month, about 109 per wellbore. Its strongest month on the record we hold was March 2021, at 664 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 WOLZ
- Who operates WOLZ?
- WOLZ is operated by WCS Oil And Gas Corporation, Railroad Commission of Texas operator number 902626.
- Where is WOLZ?
- WOLZ is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24523.
- Is WOLZ still producing?
- WOLZ is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WOLZ is August 2026.
- How much has WOLZ produced?
- WOLZ has reported 196,282 barrels of oil (bbl) to the Railroad Commission of Texas between January 2004 and August 2026, from 2 wellbores.
- How much is WOLZ worth?
- The remaining production from WOLZ is estimated to be worth about $824K in total as of 26 August 2026, within a range of $643K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WOLZ is a fraction of it. The estimate fits an Arps decline curve to the production WOLZ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WOLZ is an estimate of value, not an offer and not an appraisal.
- How much income does WOLZ generate in a year?
- WOLZ is forecast to net about $148K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WOLZ receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WCS Oil And Gas Corporation |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 24523 |
| Wellbores | 2 |
| Reported production | 196,282 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $824K |
Where WOLZ 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.