UL WILLIE B
UL WILLIE B is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Hibernia Resources III, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2022 to August 2026, totalling 184,928 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 $1.8M, with roughly $848K 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 1,845 barrels a month. Its strongest month on the record we hold was September 2022, at 18,032 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 UL WILLIE B
- Who operates UL WILLIE B?
- UL WILLIE B is operated by Hibernia Resources III, LLC, Railroad Commission of Texas operator number 384006.
- Where is UL WILLIE B?
- UL WILLIE B is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21751.
- Is UL WILLIE B still producing?
- UL WILLIE B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL WILLIE B is August 2026.
- How much has UL WILLIE B produced?
- UL WILLIE B has reported 184,928 barrels of oil (bbl) to the Railroad Commission of Texas between March 2022 and August 2026, from 1 wellbore.
- How much is UL WILLIE B worth?
- The remaining production from UL WILLIE B is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.5M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL WILLIE B is a fraction of it. The estimate fits an Arps decline curve to the production UL WILLIE B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UL WILLIE B is an estimate of value, not an offer and not an appraisal.
- How much income does UL WILLIE B generate in a year?
- UL WILLIE B is forecast to net about $848K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UL WILLIE B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hibernia Resources III, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 21751 |
| Wellbores | 1 |
| Reported production | 184,928 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where UL WILLIE B 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.