WALTON HEIRS
WALTON HEIRS is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Dallas Production, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 20,383 barrels. The lease is intermittent. 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 $5K, with roughly $879 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 14 barrels a month. Its strongest month on the record we hold was June 2021, at 195 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 WALTON HEIRS
- Who operates WALTON HEIRS?
- WALTON HEIRS is operated by Dallas Production, Inc., Railroad Commission of Texas operator number 197690.
- Where is WALTON HEIRS?
- WALTON HEIRS is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 12530.
- Is WALTON HEIRS still producing?
- WALTON HEIRS is intermittent. The most recent month of production reported to the Railroad Commission of Texas for WALTON HEIRS is August 2026.
- How much has WALTON HEIRS produced?
- WALTON HEIRS has reported 20,383 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WALTON HEIRS worth?
- The remaining production from WALTON HEIRS is estimated to be worth about $5K in total as of 26 August 2026, within a range of $3K to $7K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WALTON HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production WALTON HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WALTON HEIRS is an estimate of value, not an offer and not an appraisal.
- How much income does WALTON HEIRS generate in a year?
- WALTON HEIRS is forecast to net about $879 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WALTON HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Dallas Production, Inc. |
|---|---|
| Field | Chapel Hill (Travis Peak) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 12530 |
| Wellbores | 1 |
| Reported production | 20,383 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5K |
Where WALTON HEIRS 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.