BWL
BWL is a Texas oil lease in Roberts County, Railroad Commission district 10, operated by Latigo Petroleum, LLC. It has 8 wellbores on file with the Commission. Reported production runs from December 2022 to August 2026, totalling 31,687 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 $6.3M, with roughly $1.4M 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 450 barrels a month, about 56 per wellbore. Its strongest month on the record we hold was August 2023, at 2,150 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 BWL
- Who operates BWL?
- BWL is operated by Latigo Petroleum, LLC, Railroad Commission of Texas operator number 488260.
- Where is BWL?
- BWL is a Texas oil lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09814.
- Is BWL still producing?
- BWL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BWL is August 2026.
- How much has BWL produced?
- BWL has reported 31,687 barrels of oil (bbl) to the Railroad Commission of Texas between December 2022 and August 2026, from 8 wellbores.
- How much is BWL worth?
- The remaining production from BWL is estimated to be worth about $6.3M in total as of 26 August 2026, within a range of $4.9M to $7.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BWL is a fraction of it. The estimate fits an Arps decline curve to the production BWL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BWL is an estimate of value, not an offer and not an appraisal.
- How much income does BWL generate in a year?
- BWL is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BWL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Latigo Petroleum, LLC |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 09814 |
| Wellbores | 8 |
| Reported production | 31,687 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.3M |
Where BWL 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.