WOOLF 'TP'

WOOLF 'TP' is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Faulconer Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2025 to August 2026, totalling 17,502 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 $1.6M, with roughly $489K 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 1,393 barrels a month. Its strongest month on the record we hold was May 2025, at 4,041 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 WOOLF 'TP'

Who operates WOOLF 'TP'?
WOOLF 'TP' is operated by Faulconer Energy, LLC, Railroad Commission of Texas operator number 263648.
Where is WOOLF 'TP'?
WOOLF 'TP' is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 16138.
Is WOOLF 'TP' still producing?
WOOLF 'TP' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WOOLF 'TP' is August 2026.
How much has WOOLF 'TP' produced?
WOOLF 'TP' has reported 17,502 barrels of oil (bbl) to the Railroad Commission of Texas between May 2025 and August 2026, from 1 wellbore.
How much is WOOLF 'TP' worth?
The remaining production from WOOLF 'TP' is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.3M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WOOLF 'TP' is a fraction of it. The estimate fits an Arps decline curve to the production WOOLF 'TP' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WOOLF 'TP' is an estimate of value, not an offer and not an appraisal.
How much income does WOOLF 'TP' generate in a year?
WOOLF 'TP' is forecast to net about $489K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WOOLF 'TP' receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

WOOLF 'TP' as filed with the Railroad Commission of Texas
OperatorFaulconer Energy, LLC
FieldOverton (Travis Peak)
CountySmith County, Texas
RRC district06
Lease number16138
Wellbores1
Reported production17,502 bbl
First reported
Last reported
Estimated royalty value$1.6M

Where WOOLF 'TP' 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.