ROWLAND, J. W. -B-
ROWLAND, J. W. -B- is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Union Oil Company Of California. It has 25 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 238,562 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 $629K, with roughly $121K 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 160 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was May 2017, at 312 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 ROWLAND, J. W. -B-
- Who operates ROWLAND, J. W. -B-?
- ROWLAND, J. W. -B- is operated by Union Oil Company Of California, Railroad Commission of Texas operator number 876520.
- Where is ROWLAND, J. W. -B-?
- ROWLAND, J. W. -B- is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 04236.
- Is ROWLAND, J. W. -B- still producing?
- ROWLAND, J. W. -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ROWLAND, J. W. -B- is August 2026.
- How much has ROWLAND, J. W. -B- produced?
- ROWLAND, J. W. -B- has reported 238,562 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 25 wellbores.
- How much is ROWLAND, J. W. -B- worth?
- The remaining production from ROWLAND, J. W. -B- is estimated to be worth about $629K in total as of 27 August 2026, within a range of $491K to $767K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ROWLAND, J. W. -B- is a fraction of it. The estimate fits an Arps decline curve to the production ROWLAND, J. W. -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ROWLAND, J. W. -B- is an estimate of value, not an offer and not an appraisal.
- How much income does ROWLAND, J. W. -B- generate in a year?
- ROWLAND, J. W. -B- is forecast to net about $121K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ROWLAND, J. W. -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Oil Company Of California |
|---|---|
| Field | Montague County Regular |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 04236 |
| Wellbores | 25 |
| Reported production | 238,562 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $629K |
Where ROWLAND, J. W. -B- 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.