WIGLEY
WIGLEY is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by Mitchell Oil Company. It has 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 123,038 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 $383K, with roughly $74K 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 102 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was August 2018, at 327 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 WIGLEY
- Who operates WIGLEY?
- WIGLEY is operated by Mitchell Oil Company, Railroad Commission of Texas operator number 571540.
- Where is WIGLEY?
- WIGLEY is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 06150.
- Is WIGLEY still producing?
- WIGLEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WIGLEY is August 2026.
- How much has WIGLEY produced?
- WIGLEY has reported 123,038 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 7 wellbores.
- How much is WIGLEY worth?
- The remaining production from WIGLEY is estimated to be worth about $383K in total as of 27 August 2026, within a range of $299K to $468K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WIGLEY is a fraction of it. The estimate fits an Arps decline curve to the production WIGLEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WIGLEY is an estimate of value, not an offer and not an appraisal.
- How much income does WIGLEY generate in a year?
- WIGLEY is forecast to net about $74K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WIGLEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Oil Company |
|---|---|
| Field | K-M-A |
| County | Wichita County, Texas |
| RRC district | 09 |
| Lease number | 06150 |
| Wellbores | 7 |
| Reported production | 123,038 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $383K |
Where WIGLEY 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.