WRIGHT
WRIGHT is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Remnant Energy, Inc. It has 2 wellbores on file with the Commission. Reported production runs from December 2012 to August 2026, totalling 88,084 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 $514K, with roughly $85K 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 67 barrels a month, about 33 per wellbore. Its strongest month on the record we hold was May 2016, at 725 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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
- Who operates WRIGHT?
- WRIGHT is operated by Remnant Energy, Inc., Railroad Commission of Texas operator number 701555.
- Where is WRIGHT?
- WRIGHT is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08781.
- Is WRIGHT still producing?
- WRIGHT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WRIGHT is August 2026.
- How much has WRIGHT produced?
- WRIGHT has reported 88,084 barrels of oil (bbl) to the Railroad Commission of Texas between December 2012 and August 2026, from 2 wellbores.
- How much is WRIGHT worth?
- The remaining production from WRIGHT is estimated to be worth about $514K in total as of 27 August 2026, within a range of $283K to $746K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WRIGHT is a fraction of it. The estimate fits an Arps decline curve to the production WRIGHT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WRIGHT is an estimate of value, not an offer and not an appraisal.
- How much income does WRIGHT generate in a year?
- WRIGHT is forecast to net about $85K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WRIGHT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Remnant Energy, Inc. |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08781 |
| Wellbores | 2 |
| Reported production | 88,084 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $514K |
Where WRIGHT 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.