OMEGA
OMEGA is a Texas oil lease in Runnels County, Railroad Commission district 7C, operated by Enrich Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 2008 to August 2026, totalling 95,837 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 $52K, with roughly $10K 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 37 barrels a month. Its strongest month on the record we hold was January 2017, at 276 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 OMEGA
- Who operates OMEGA?
- OMEGA is operated by Enrich Oil Corporation, Railroad Commission of Texas operator number 253100.
- Where is OMEGA?
- OMEGA is a Texas oil lease in Runnels County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16477.
- Is OMEGA still producing?
- OMEGA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OMEGA is August 2026.
- How much has OMEGA produced?
- OMEGA has reported 95,837 barrels of oil (bbl) to the Railroad Commission of Texas between January 2008 and August 2026, from 1 wellbore.
- How much is OMEGA worth?
- The remaining production from OMEGA is estimated to be worth about $52K in total as of 26 August 2026, within a range of $28K to $75K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OMEGA is a fraction of it. The estimate fits an Arps decline curve to the production OMEGA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OMEGA is an estimate of value, not an offer and not an appraisal.
- How much income does OMEGA generate in a year?
- OMEGA is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OMEGA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enrich Oil Corporation |
|---|---|
| Field | WFM (Goen Lime) |
| County | Runnels County, Texas |
| RRC district | 7C |
| Lease number | 16477 |
| Wellbores | 1 |
| Reported production | 95,837 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $52K |
Where OMEGA 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.