UL CATHEDRAL 1516-17 C

UL CATHEDRAL 1516-17 C is a Texas oil lease in Ward County, Railroad Commission district 08, operated by WPX Energy Permian, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 307,966 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 $4.6M, with roughly $1.3M 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 1,780 barrels a month. Its strongest month on the record we hold was December 2020, at 19,387 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 CATHEDRAL 1516-17 C

Who operates UL CATHEDRAL 1516-17 C?: UL CATHEDRAL 1516-17 C is operated by WPX Energy Permian, LLC, Railroad Commission of Texas operator number 942623.
Where is UL CATHEDRAL 1516-17 C?: UL CATHEDRAL 1516-17 C is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54293.
Is UL CATHEDRAL 1516-17 C still producing?: UL CATHEDRAL 1516-17 C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL CATHEDRAL 1516-17 C is August 2026.
How much has UL CATHEDRAL 1516-17 C produced?: UL CATHEDRAL 1516-17 C has reported 307,966 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 1 wellbore.
How much is UL CATHEDRAL 1516-17 C worth?: The remaining production from UL CATHEDRAL 1516-17 C is estimated to be worth about $4.6M in total as of 27 August 2026, within a range of $3.8M to $5.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL CATHEDRAL 1516-17 C is a fraction of it. The estimate fits an Arps decline curve to the production UL CATHEDRAL 1516-17 C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UL CATHEDRAL 1516-17 C is an estimate of value, not an offer and not an appraisal.
How much income does UL CATHEDRAL 1516-17 C generate in a year?: UL CATHEDRAL 1516-17 C is forecast to net about $1.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UL CATHEDRAL 1516-17 C receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

UL CATHEDRAL 1516-17 C as filed with the Railroad Commission of Texas
Operator	WPX Energy Permian, LLC
Field	Phantom (Wolfcamp)
County	Ward County, Texas
RRC district	08
Lease number	54293
Wellbores	1
Reported production	307,966 bbl
First reported	February 2020
Last reported	August 2026
Estimated royalty value	$4.6M

Where UL CATHEDRAL 1516-17 C sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.