IRWIN
IRWIN is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Bearco Operating Co., Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 81,845 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 $142K, with roughly $27K 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, about 13 per wellbore. Its strongest month on the record we hold was March 2018, at 60 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 IRWIN
- Who operates IRWIN?
- IRWIN is operated by Bearco Operating Co., Inc., Railroad Commission of Texas operator number 060046.
- Where is IRWIN?
- IRWIN is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 23993.
- Is IRWIN still producing?
- IRWIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for IRWIN is August 2026.
- How much has IRWIN produced?
- IRWIN has reported 81,845 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is IRWIN worth?
- The remaining production from IRWIN is estimated to be worth about $142K in total as of 26 August 2026, within a range of $78K to $206K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IRWIN is a fraction of it. The estimate fits an Arps decline curve to the production IRWIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IRWIN is an estimate of value, not an offer and not an appraisal.
- How much income does IRWIN generate in a year?
- IRWIN is forecast to net about $27K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in IRWIN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bearco Operating Co., Inc. |
|---|---|
| Field | Irwin (Mississippi) |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 23993 |
| Wellbores | 3 |
| Reported production | 81,845 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $142K |
Where IRWIN 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.