SECOND BYWATERS
SECOND BYWATERS is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by WG Operating, Inc. It has 29 wellbores on file with the Commission. Reported production runs from May 2009 to August 2026, totalling 170,324 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 $1.5M, with roughly $397K 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 581 barrels a month, about 20 per wellbore. Its strongest month on the record we hold was February 2020, at 1,461 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 SECOND BYWATERS
- Who operates SECOND BYWATERS?
- SECOND BYWATERS is operated by WG Operating, Inc., Railroad Commission of Texas operator number 913425.
- Where is SECOND BYWATERS?
- SECOND BYWATERS is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31395.
- Is SECOND BYWATERS still producing?
- SECOND BYWATERS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SECOND BYWATERS is August 2026.
- How much has SECOND BYWATERS produced?
- SECOND BYWATERS has reported 170,324 barrels of oil (bbl) to the Railroad Commission of Texas between May 2009 and August 2026, from 29 wellbores.
- How much is SECOND BYWATERS worth?
- The remaining production from SECOND BYWATERS is estimated to be worth about $1.5M in total as of 27 August 2026, within a range of $1.2M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SECOND BYWATERS is a fraction of it. The estimate fits an Arps decline curve to the production SECOND BYWATERS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SECOND BYWATERS is an estimate of value, not an offer and not an appraisal.
- How much income does SECOND BYWATERS generate in a year?
- SECOND BYWATERS is forecast to net about $397K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SECOND BYWATERS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WG Operating, Inc. |
|---|---|
| Field | Wichita County (Special) |
| County | Wichita County, Texas |
| RRC district | 09 |
| Lease number | 31395 |
| Wellbores | 29 |
| Reported production | 170,324 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where SECOND BYWATERS 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.