WEEMS, M. L.
WEEMS, M. L. is a Texas oil lease in Wharton County, Railroad Commission district 03, operated by Tuskar (Texas), Inc. It has 19 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,231,734 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 $2.0M, with roughly $820K 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 1,437 barrels a month, about 76 per wellbore. Its strongest month on the record we hold was March 2023, at 4,606 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 WEEMS, M. L.
- Who operates WEEMS, M. L.?
- WEEMS, M. L. is operated by Tuskar (Texas), Inc., Railroad Commission of Texas operator number 874695.
- Where is WEEMS, M. L.?
- WEEMS, M. L. is a Texas oil lease in Wharton County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 05279.
- Is WEEMS, M. L. still producing?
- WEEMS, M. L. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEEMS, M. L. is August 2026.
- How much has WEEMS, M. L. produced?
- WEEMS, M. L. has reported 1,231,734 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 19 wellbores.
- How much is WEEMS, M. L. worth?
- The remaining production from WEEMS, M. L. is estimated to be worth about $2.0M in total as of 26 August 2026, within a range of $1.7M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEEMS, M. L. is a fraction of it. The estimate fits an Arps decline curve to the production WEEMS, M. L. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEEMS, M. L. is an estimate of value, not an offer and not an appraisal.
- How much income does WEEMS, M. L. generate in a year?
- WEEMS, M. L. is forecast to net about $820K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WEEMS, M. L. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tuskar (Texas), Inc. |
|---|---|
| Field | Boling, South |
| County | Wharton County, Texas |
| RRC district | 03 |
| Lease number | 05279 |
| Wellbores | 19 |
| Reported production | 1,231,734 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where WEEMS, M. L. 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.