SOUTH WILLIAMS 10-51
SOUTH WILLIAMS 10-51 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by NBL Permian LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2017 to August 2026, totalling 344,549 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 $1.1M, with roughly $352K 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 545 barrels a month. Its strongest month on the record we hold was March 2017, at 28,019 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 SOUTH WILLIAMS 10-51
- Who operates SOUTH WILLIAMS 10-51?
- SOUTH WILLIAMS 10-51 is operated by NBL Permian LLC, Railroad Commission of Texas operator number 601345.
- Where is SOUTH WILLIAMS 10-51?
- SOUTH WILLIAMS 10-51 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48639.
- Is SOUTH WILLIAMS 10-51 still producing?
- SOUTH WILLIAMS 10-51 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTH WILLIAMS 10-51 is August 2026.
- How much has SOUTH WILLIAMS 10-51 produced?
- SOUTH WILLIAMS 10-51 has reported 344,549 barrels of oil (bbl) to the Railroad Commission of Texas between February 2017 and August 2026, from 1 wellbore.
- How much is SOUTH WILLIAMS 10-51 worth?
- The remaining production from SOUTH WILLIAMS 10-51 is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $861K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTH WILLIAMS 10-51 is a fraction of it. The estimate fits an Arps decline curve to the production SOUTH WILLIAMS 10-51 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTH WILLIAMS 10-51 is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTH WILLIAMS 10-51 generate in a year?
- SOUTH WILLIAMS 10-51 is forecast to net about $352K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SOUTH WILLIAMS 10-51 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | NBL Permian LLC |
|---|---|
| Field | Hoefs T-K (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 48639 |
| Wellbores | 1 |
| Reported production | 344,549 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where SOUTH WILLIAMS 10-51 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.