WARREN

WARREN is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by Felty, F. T. Operating Company. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 23,230 barrels. The lease is intermittent. 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 $49K, with roughly $9K 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 15 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was January 2024, at 160 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 WARREN

Who operates WARREN?
WARREN is operated by Felty, F. T. Operating Company, Railroad Commission of Texas operator number 265585.
Where is WARREN?
WARREN is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 25745.
Is WARREN still producing?
WARREN is intermittent. The most recent month of production reported to the Railroad Commission of Texas for WARREN is August 2026.
How much has WARREN produced?
WARREN has reported 23,230 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
How much is WARREN worth?
The remaining production from WARREN is estimated to be worth about $49K in total as of 27 August 2026, within a range of $27K to $71K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WARREN is a fraction of it. The estimate fits an Arps decline curve to the production WARREN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WARREN is an estimate of value, not an offer and not an appraisal.
How much income does WARREN generate in a year?
WARREN is forecast to net about $9K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WARREN receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

WARREN as filed with the Railroad Commission of Texas
OperatorFelty, F. T. Operating Company
FieldWichita County Regular
CountyWichita County, Texas
RRC district09
Lease number25745
Wellbores6
Reported production23,230 bbl
First reported
Last reported
Estimated royalty value$49K

Where WARREN 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.