WRIGHT MATERIALS
WRIGHT MATERIALS is a Texas oil lease in Nueces County, Railroad Commission district 04, operated by Cummins & Walker Oil Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2008 to August 2026, totalling 10,885 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 $16K, with roughly $3K 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 5 barrels a month. Its strongest month on the record we hold was July 2018, at 67 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 WRIGHT MATERIALS
- Who operates WRIGHT MATERIALS?
- WRIGHT MATERIALS is operated by Cummins & Walker Oil Co., Inc., Railroad Commission of Texas operator number 194215.
- Where is WRIGHT MATERIALS?
- WRIGHT MATERIALS is a Texas oil lease in Nueces County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 13506.
- Is WRIGHT MATERIALS still producing?
- WRIGHT MATERIALS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WRIGHT MATERIALS is August 2026.
- How much has WRIGHT MATERIALS produced?
- WRIGHT MATERIALS has reported 10,885 barrels of oil (bbl) to the Railroad Commission of Texas between November 2008 and August 2026, from 1 wellbore.
- How much is WRIGHT MATERIALS worth?
- The remaining production from WRIGHT MATERIALS is estimated to be worth about $16K in total as of 26 August 2026, within a range of $0 to $32K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WRIGHT MATERIALS is a fraction of it. The estimate fits an Arps decline curve to the production WRIGHT MATERIALS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WRIGHT MATERIALS is an estimate of value, not an offer and not an appraisal.
- How much income does WRIGHT MATERIALS generate in a year?
- WRIGHT MATERIALS is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WRIGHT MATERIALS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cummins & Walker Oil Co., Inc. |
|---|---|
| Field | Knolle (5100 Frio) |
| County | Nueces County, Texas |
| RRC district | 04 |
| Lease number | 13506 |
| Wellbores | 1 |
| Reported production | 10,885 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $16K |
Where WRIGHT MATERIALS 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.