WIGGINS
WIGGINS is a Texas oil lease in Martin County, Railroad Commission district 8A, operated by Maguire Oil Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 21,275 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 $53K, with roughly $10K 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 9 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was September 2024, at 82 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 WIGGINS
- Who operates WIGGINS?
- WIGGINS is operated by Maguire Oil Company, Railroad Commission of Texas operator number 521980.
- Where is WIGGINS?
- WIGGINS is a Texas oil lease in Martin County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 60014.
- Is WIGGINS still producing?
- WIGGINS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WIGGINS is August 2026.
- How much has WIGGINS produced?
- WIGGINS has reported 21,275 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is WIGGINS worth?
- The remaining production from WIGGINS is estimated to be worth about $53K in total as of 27 August 2026, within a range of $0 to $107K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WIGGINS is a fraction of it. The estimate fits an Arps decline curve to the production WIGGINS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WIGGINS is an estimate of value, not an offer and not an appraisal.
- How much income does WIGGINS generate in a year?
- WIGGINS is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WIGGINS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maguire Oil Company |
|---|---|
| Field | Ackerly (Dean Sand) |
| County | Martin County, Texas |
| RRC district | 8A |
| Lease number | 60014 |
| Wellbores | 2 |
| Reported production | 21,275 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $53K |
Where WIGGINS 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.