POAGE,W.R.
POAGE,W.R. is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Bellah Oil, Inc. It has 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 12,964 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 $42K, with roughly $8K 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 12 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was June 2017, at 55 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 POAGE,W.R.
- Who operates POAGE,W.R.?
- POAGE,W.R. is operated by Bellah Oil, Inc., Railroad Commission of Texas operator number 063665.
- Where is POAGE,W.R.?
- POAGE,W.R. is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 15904.
- Is POAGE,W.R. still producing?
- POAGE,W.R. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POAGE,W.R. is August 2026.
- How much has POAGE,W.R. produced?
- POAGE,W.R. has reported 12,964 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 7 wellbores.
- How much is POAGE,W.R. worth?
- The remaining production from POAGE,W.R. is estimated to be worth about $42K in total as of 27 August 2026, within a range of $23K to $61K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POAGE,W.R. is a fraction of it. The estimate fits an Arps decline curve to the production POAGE,W.R. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POAGE,W.R. is an estimate of value, not an offer and not an appraisal.
- How much income does POAGE,W.R. generate in a year?
- POAGE,W.R. is forecast to net about $8K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in POAGE,W.R. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bellah Oil, Inc. |
|---|---|
| Field | Gates (Flippen) |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 15904 |
| Wellbores | 7 |
| Reported production | 12,964 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $42K |
Where POAGE,W.R. 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.