WEIR
WEIR is a Texas oil lease in Stonewall County, Railroad Commission district 7B, operated by L.C.S. Production Company. It has 1 wellbore on file with the Commission. Reported production runs from December 2017 to August 2026, totalling 6,022 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 $202K, with roughly $39K 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 38 barrels a month. Its strongest month on the record we hold was December 2019, at 404 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 WEIR
- Who operates WEIR?
- WEIR is operated by L.C.S. Production Company, Railroad Commission of Texas operator number 479574.
- Where is WEIR?
- WEIR is a Texas oil lease in Stonewall County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32216.
- Is WEIR still producing?
- WEIR is intermittent. The most recent month of production reported to the Railroad Commission of Texas for WEIR is August 2026.
- How much has WEIR produced?
- WEIR has reported 6,022 barrels of oil (bbl) to the Railroad Commission of Texas between December 2017 and August 2026, from 1 wellbore.
- How much is WEIR worth?
- The remaining production from WEIR is estimated to be worth about $202K in total as of 26 August 2026, within a range of $111K to $294K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEIR is a fraction of it. The estimate fits an Arps decline curve to the production WEIR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEIR is an estimate of value, not an offer and not an appraisal.
- How much income does WEIR generate in a year?
- WEIR is forecast to net about $39K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WEIR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | L.C.S. Production Company |
|---|---|
| Field | Guest (Canyon Sand) |
| County | Stonewall County, Texas |
| RRC district | 7B |
| Lease number | 32216 |
| Wellbores | 1 |
| Reported production | 6,022 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $202K |
Where WEIR 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.