WHITE LIGHTNING
WHITE LIGHTNING is a Texas oil lease in Stonewall County, Railroad Commission district 7B, operated by Midland Oil And Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 1995 to August 2026, totalling 48,932 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 $623K, with roughly $118K 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 143 barrels a month. Its strongest month on the record we hold was December 2025, at 211 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 WHITE LIGHTNING
- Who operates WHITE LIGHTNING?
- WHITE LIGHTNING is operated by Midland Oil And Gas, Inc., Railroad Commission of Texas operator number 565589.
- Where is WHITE LIGHTNING?
- WHITE LIGHTNING is a Texas oil lease in Stonewall County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 27653.
- Is WHITE LIGHTNING still producing?
- WHITE LIGHTNING is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WHITE LIGHTNING is August 2026.
- How much has WHITE LIGHTNING produced?
- WHITE LIGHTNING has reported 48,932 barrels of oil (bbl) to the Railroad Commission of Texas between August 1995 and August 2026, from 1 wellbore.
- How much is WHITE LIGHTNING worth?
- The remaining production from WHITE LIGHTNING is estimated to be worth about $623K in total as of 27 August 2026, within a range of $486K to $761K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WHITE LIGHTNING is a fraction of it. The estimate fits an Arps decline curve to the production WHITE LIGHTNING has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WHITE LIGHTNING is an estimate of value, not an offer and not an appraisal.
- How much income does WHITE LIGHTNING generate in a year?
- WHITE LIGHTNING is forecast to net about $118K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WHITE LIGHTNING receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Midland Oil And Gas, Inc. |
|---|---|
| Field | Missing Tom (Canyon Reef) |
| County | Stonewall County, Texas |
| RRC district | 7B |
| Lease number | 27653 |
| Wellbores | 1 |
| Reported production | 48,932 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $623K |
Where WHITE LIGHTNING 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.