WAYNE FEARS, ET AL.
WAYNE FEARS, ET AL. is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Goldston Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 2015 to August 2026, totalling 51,360 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 $885K, with roughly $197K 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 284 barrels a month. Its strongest month on the record we hold was May 2016, at 644 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 WAYNE FEARS, ET AL.
- Who operates WAYNE FEARS, ET AL.?
- WAYNE FEARS, ET AL. is operated by Goldston Oil Corporation, Railroad Commission of Texas operator number 313990.
- Where is WAYNE FEARS, ET AL.?
- WAYNE FEARS, ET AL. is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15370.
- Is WAYNE FEARS, ET AL. still producing?
- WAYNE FEARS, ET AL. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WAYNE FEARS, ET AL. is August 2026.
- How much has WAYNE FEARS, ET AL. produced?
- WAYNE FEARS, ET AL. has reported 51,360 barrels of oil (bbl) to the Railroad Commission of Texas between January 2015 and August 2026, from 1 wellbore.
- How much is WAYNE FEARS, ET AL. worth?
- The remaining production from WAYNE FEARS, ET AL. is estimated to be worth about $885K in total as of 26 August 2026, within a range of $691K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WAYNE FEARS, ET AL. is a fraction of it. The estimate fits an Arps decline curve to the production WAYNE FEARS, ET AL. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WAYNE FEARS, ET AL. is an estimate of value, not an offer and not an appraisal.
- How much income does WAYNE FEARS, ET AL. generate in a year?
- WAYNE FEARS, ET AL. is forecast to net about $197K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WAYNE FEARS, ET AL. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Goldston Oil Corporation |
|---|---|
| Field | Beauchamp Springs (Paluxy) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 15370 |
| Wellbores | 1 |
| Reported production | 51,360 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $885K |
Where WAYNE FEARS, ET AL. 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.