WEDDELL 74
WEDDELL 74 is a Texas oil lease in Tom Green County, Railroad Commission district 7C, operated by MWJ Producing Company. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 37,973 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 $303K, with roughly $58K 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 80 barrels a month, about 20 per wellbore. Its strongest month on the record we hold was July 2025, at 169 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 WEDDELL 74
- Who operates WEDDELL 74?
- WEDDELL 74 is operated by MWJ Producing Company, Railroad Commission of Texas operator number 519020.
- Where is WEDDELL 74?
- WEDDELL 74 is a Texas oil lease in Tom Green County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 10931.
- Is WEDDELL 74 still producing?
- WEDDELL 74 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEDDELL 74 is August 2026.
- How much has WEDDELL 74 produced?
- WEDDELL 74 has reported 37,973 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is WEDDELL 74 worth?
- The remaining production from WEDDELL 74 is estimated to be worth about $303K in total as of 27 August 2026, within a range of $167K to $439K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEDDELL 74 is a fraction of it. The estimate fits an Arps decline curve to the production WEDDELL 74 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEDDELL 74 is an estimate of value, not an offer and not an appraisal.
- How much income does WEDDELL 74 generate in a year?
- WEDDELL 74 is forecast to net about $58K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WEDDELL 74 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MWJ Producing Company |
|---|---|
| Field | Water Valley (San Andres) |
| County | Tom Green County, Texas |
| RRC district | 7C |
| Lease number | 10931 |
| Wellbores | 4 |
| Reported production | 37,973 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $303K |
Where WEDDELL 74 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.