TEXACO
TEXACO is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Wilbanks, Bruce A. Company. It has 18 wellbores on file with the Commission. Reported production runs from February 1996 to August 2026, totalling 168,524 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 $1.5M, with roughly $356K 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 445 barrels a month, about 25 per wellbore. Its strongest month on the record we hold was May 2023, at 811 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 TEXACO
- Who operates TEXACO?
- TEXACO is operated by Wilbanks, Bruce A. Company, Railroad Commission of Texas operator number 923063.
- Where is TEXACO?
- TEXACO is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34838.
- Is TEXACO still producing?
- TEXACO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXACO is August 2026.
- How much has TEXACO produced?
- TEXACO has reported 168,524 barrels of oil (bbl) to the Railroad Commission of Texas between February 1996 and August 2026, from 18 wellbores.
- How much is TEXACO worth?
- The remaining production from TEXACO is estimated to be worth about $1.5M in total as of 27 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXACO is a fraction of it. The estimate fits an Arps decline curve to the production TEXACO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXACO is an estimate of value, not an offer and not an appraisal.
- How much income does TEXACO generate in a year?
- TEXACO is forecast to net about $356K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TEXACO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wilbanks, Bruce A. Company |
|---|---|
| Field | Toborg |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 34838 |
| Wellbores | 18 |
| Reported production | 168,524 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where TEXACO 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.