WOLCOTT
WOLCOTT is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Parker & Parsley Development Co. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 155,063 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 $1.1M, with roughly $206K 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 245 barrels a month, about 41 per wellbore. Its strongest month on the record we hold was August 2019, at 1,029 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 WOLCOTT
- Who operates WOLCOTT?
- WOLCOTT is operated by Parker & Parsley Development Co., Railroad Commission of Texas operator number 640889.
- Where is WOLCOTT?
- WOLCOTT is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 28397.
- Is WOLCOTT still producing?
- WOLCOTT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WOLCOTT is August 2026.
- How much has WOLCOTT produced?
- WOLCOTT has reported 155,063 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is WOLCOTT worth?
- The remaining production from WOLCOTT is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $882K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WOLCOTT is a fraction of it. The estimate fits an Arps decline curve to the production WOLCOTT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WOLCOTT is an estimate of value, not an offer and not an appraisal.
- How much income does WOLCOTT generate in a year?
- WOLCOTT is forecast to net about $206K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WOLCOTT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | Breedlove, South (Spraberry) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 28397 |
| Wellbores | 6 |
| Reported production | 155,063 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where WOLCOTT 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.