RECORD
RECORD is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Walco Oil Co. It has 17 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 35,772 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 $160K, with roughly $31K 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 45 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was October 2019, at 145 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 RECORD
- Who operates RECORD?
- RECORD is operated by Walco Oil Co., Railroad Commission of Texas operator number 891737.
- Where is RECORD?
- RECORD is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 09073.
- Is RECORD still producing?
- RECORD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RECORD is August 2026.
- How much has RECORD produced?
- RECORD has reported 35,772 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 17 wellbores.
- How much is RECORD worth?
- The remaining production from RECORD is estimated to be worth about $160K in total as of 26 August 2026, within a range of $88K to $232K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RECORD is a fraction of it. The estimate fits an Arps decline curve to the production RECORD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RECORD is an estimate of value, not an offer and not an appraisal.
- How much income does RECORD generate in a year?
- RECORD is forecast to net about $31K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RECORD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Walco Oil Co. |
|---|---|
| Field | Throckmorton County Regular |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 09073 |
| Wellbores | 17 |
| Reported production | 35,772 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $160K |
Where RECORD 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.