WOOLEY, J.

WOOLEY, J. is a Texas oil lease in Rusk County, Railroad Commission district 6E, operated by Exxon Corp. It has 19 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 72,753 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 $437K, with roughly $83K 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 111 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was December 2018, at 222 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 WOOLEY, J.

Who operates WOOLEY, J.?
WOOLEY, J. is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
Where is WOOLEY, J.?
WOOLEY, J. is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 07053.
Is WOOLEY, J. still producing?
WOOLEY, J. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WOOLEY, J. is August 2026.
How much has WOOLEY, J. produced?
WOOLEY, J. has reported 72,753 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 19 wellbores.
How much is WOOLEY, J. worth?
The remaining production from WOOLEY, J. is estimated to be worth about $437K in total as of 27 August 2026, within a range of $341K to $533K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WOOLEY, J. is a fraction of it. The estimate fits an Arps decline curve to the production WOOLEY, J. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WOOLEY, J. is an estimate of value, not an offer and not an appraisal.
How much income does WOOLEY, J. generate in a year?
WOOLEY, J. is forecast to net about $83K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WOOLEY, J. receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

WOOLEY, J. as filed with the Railroad Commission of Texas
OperatorExxon Corp.
FieldEast Texas
CountyRusk County, Texas
RRC district6E
Lease number07053
Wellbores19
Reported production72,753 bbl
First reported
Last reported
Estimated royalty value$437K

Where WOOLEY, J. 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.