WEATHERBY 1232
WEATHERBY 1232 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Tamarack Petroleum Company, Inc. It has 19 wellbores on file with the Commission. Reported production runs from October 2006 to August 2026, totalling 945,922 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 $8.8M, with roughly $1.8M 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 1,926 barrels a month, about 101 per wellbore. Its strongest month on the record we hold was May 2016, at 9,946 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 WEATHERBY 1232
- Who operates WEATHERBY 1232?
- WEATHERBY 1232 is operated by Tamarack Petroleum Company, Inc., Railroad Commission of Texas operator number 835630.
- Where is WEATHERBY 1232?
- WEATHERBY 1232 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16063.
- Is WEATHERBY 1232 still producing?
- WEATHERBY 1232 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEATHERBY 1232 is August 2026.
- How much has WEATHERBY 1232 produced?
- WEATHERBY 1232 has reported 945,922 barrels of oil (bbl) to the Railroad Commission of Texas between October 2006 and August 2026, from 19 wellbores.
- How much is WEATHERBY 1232 worth?
- The remaining production from WEATHERBY 1232 is estimated to be worth about $8.8M in total as of 27 August 2026, within a range of $7.3M to $10.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEATHERBY 1232 is a fraction of it. The estimate fits an Arps decline curve to the production WEATHERBY 1232 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEATHERBY 1232 is an estimate of value, not an offer and not an appraisal.
- How much income does WEATHERBY 1232 generate in a year?
- WEATHERBY 1232 is forecast to net about $1.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WEATHERBY 1232 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tamarack Petroleum Company, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 16063 |
| Wellbores | 19 |
| Reported production | 945,922 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.8M |
Where WEATHERBY 1232 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.