PROVIDENCE-WING, W. G., -A-
PROVIDENCE-WING, W. G., -A- is a Texas oil lease in Polk County, Railroad Commission district 03, operated by Smyth Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 110,527 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 $594K, with roughly $153K 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 250 barrels a month. Its strongest month on the record we hold was August 2022, at 470 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 PROVIDENCE-WING, W. G., -A-
- Who operates PROVIDENCE-WING, W. G., -A-?
- PROVIDENCE-WING, W. G., -A- is operated by Smyth Oil Corporation, Railroad Commission of Texas operator number 796980.
- Where is PROVIDENCE-WING, W. G., -A-?
- PROVIDENCE-WING, W. G., -A- is a Texas oil lease in Polk County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 03771.
- Is PROVIDENCE-WING, W. G., -A- still producing?
- PROVIDENCE-WING, W. G., -A- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PROVIDENCE-WING, W. G., -A- is August 2026.
- How much has PROVIDENCE-WING, W. G., -A- produced?
- PROVIDENCE-WING, W. G., -A- has reported 110,527 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PROVIDENCE-WING, W. G., -A- worth?
- The remaining production from PROVIDENCE-WING, W. G., -A- is estimated to be worth about $594K in total as of 27 August 2026, within a range of $463K to $725K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PROVIDENCE-WING, W. G., -A- is a fraction of it. The estimate fits an Arps decline curve to the production PROVIDENCE-WING, W. G., -A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PROVIDENCE-WING, W. G., -A- is an estimate of value, not an offer and not an appraisal.
- How much income does PROVIDENCE-WING, W. G., -A- generate in a year?
- PROVIDENCE-WING, W. G., -A- is forecast to net about $153K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PROVIDENCE-WING, W. G., -A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Smyth Oil Corporation |
|---|---|
| Field | Segno, Deep |
| County | Polk County, Texas |
| RRC district | 03 |
| Lease number | 03771 |
| Wellbores | 1 |
| Reported production | 110,527 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $594K |
Where PROVIDENCE-WING, W. G., -A- 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.