WALT

WALT is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Nosivad Oil, Inc. It has 2 wellbores on file with the Commission. Reported production runs from July 2020 to August 2026, totalling 7,571 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 $158K, with roughly $30K 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 51 barrels a month, about 26 per wellbore. Its strongest month on the record we hold was January 2022, at 280 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 WALT

Who operates WALT?
WALT is operated by Nosivad Oil, Inc., Railroad Commission of Texas operator number 615225.
Where is WALT?
WALT is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32455.
Is WALT still producing?
WALT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WALT is August 2026.
How much has WALT produced?
WALT has reported 7,571 barrels of oil (bbl) to the Railroad Commission of Texas between July 2020 and August 2026, from 2 wellbores.
How much is WALT worth?
The remaining production from WALT is estimated to be worth about $158K in total as of 26 August 2026, within a range of $87K to $229K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WALT is a fraction of it. The estimate fits an Arps decline curve to the production WALT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WALT is an estimate of value, not an offer and not an appraisal.
How much income does WALT generate in a year?
WALT is forecast to net about $30K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WALT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

WALT as filed with the Railroad Commission of Texas
OperatorNosivad Oil, Inc.
FieldSpanish Oaks (Cook)
CountyTaylor County, Texas
RRC district7B
Lease number32455
Wellbores2
Reported production7,571 bbl
First reported
Last reported
Estimated royalty value$158K

Where WALT 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.