WINCHESTER
WINCHESTER is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Woodbine Acquisition LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2012 to August 2026, totalling 184,398 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 $1.2M, with roughly $268K 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 376 barrels a month. Its strongest month on the record we hold was March 2017, at 1,406 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 WINCHESTER
- Who operates WINCHESTER?
- WINCHESTER is operated by Woodbine Acquisition LLC, Railroad Commission of Texas operator number 937857.
- Where is WINCHESTER?
- WINCHESTER is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26487.
- Is WINCHESTER still producing?
- WINCHESTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WINCHESTER is August 2026.
- How much has WINCHESTER produced?
- WINCHESTER has reported 184,398 barrels of oil (bbl) to the Railroad Commission of Texas between September 2012 and August 2026, from 1 wellbore.
- How much is WINCHESTER worth?
- The remaining production from WINCHESTER is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $900K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WINCHESTER is a fraction of it. The estimate fits an Arps decline curve to the production WINCHESTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WINCHESTER is an estimate of value, not an offer and not an appraisal.
- How much income does WINCHESTER generate in a year?
- WINCHESTER is forecast to net about $268K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WINCHESTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Woodbine Acquisition LLC |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 26487 |
| Wellbores | 1 |
| Reported production | 184,398 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where WINCHESTER 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.