WATKINS, JOHNNY PAT "1230"
WATKINS, JOHNNY PAT "1230" is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Stephens, Autry C. It has 9 wellbores on file with the Commission. Reported production runs from November 1995 to August 2026, totalling 143,925 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 $788K, with roughly $140K 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 182 barrels a month, about 20 per wellbore. Its strongest month on the record we hold was October 2017, at 786 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 WATKINS, JOHNNY PAT "1230"
- Who operates WATKINS, JOHNNY PAT "1230"?
- WATKINS, JOHNNY PAT "1230" is operated by Stephens, Autry C., Railroad Commission of Texas operator number 817550.
- Where is WATKINS, JOHNNY PAT "1230"?
- WATKINS, JOHNNY PAT "1230" is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 14213.
- Is WATKINS, JOHNNY PAT "1230" still producing?
- WATKINS, JOHNNY PAT "1230" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WATKINS, JOHNNY PAT "1230" is August 2026.
- How much has WATKINS, JOHNNY PAT "1230" produced?
- WATKINS, JOHNNY PAT "1230" has reported 143,925 barrels of oil (bbl) to the Railroad Commission of Texas between November 1995 and August 2026, from 9 wellbores.
- How much is WATKINS, JOHNNY PAT "1230" worth?
- The remaining production from WATKINS, JOHNNY PAT "1230" is estimated to be worth about $788K in total as of 27 August 2026, within a range of $615K to $962K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WATKINS, JOHNNY PAT "1230" is a fraction of it. The estimate fits an Arps decline curve to the production WATKINS, JOHNNY PAT "1230" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WATKINS, JOHNNY PAT "1230" is an estimate of value, not an offer and not an appraisal.
- How much income does WATKINS, JOHNNY PAT "1230" generate in a year?
- WATKINS, JOHNNY PAT "1230" is forecast to net about $140K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WATKINS, JOHNNY PAT "1230" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stephens, Autry C. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 14213 |
| Wellbores | 9 |
| Reported production | 143,925 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $788K |
Where WATKINS, JOHNNY PAT "1230" 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.