DILL
DILL is a Texas oil lease in Wilbarger County, Railroad Commission district 09, operated by Johnson & Ernst Operating Co. It has 3 wellbores on file with the Commission. Reported production runs from November 2010 to August 2026, totalling 49,664 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 $233K, with roughly $45K 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 62 barrels a month, about 21 per wellbore. Its strongest month on the record we hold was August 2018, at 235 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 DILL
- Who operates DILL?
- DILL is operated by Johnson & Ernst Operating Co., Railroad Commission of Texas operator number 436155.
- Where is DILL?
- DILL is a Texas oil lease in Wilbarger County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31808.
- Is DILL still producing?
- DILL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DILL is August 2026.
- How much has DILL produced?
- DILL has reported 49,664 barrels of oil (bbl) to the Railroad Commission of Texas between November 2010 and August 2026, from 3 wellbores.
- How much is DILL worth?
- The remaining production from DILL is estimated to be worth about $233K in total as of 27 August 2026, within a range of $128K to $337K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DILL is a fraction of it. The estimate fits an Arps decline curve to the production DILL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DILL is an estimate of value, not an offer and not an appraisal.
- How much income does DILL generate in a year?
- DILL is forecast to net about $45K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DILL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Johnson & Ernst Operating Co. |
|---|---|
| Field | Wilbarger County (Special) |
| County | Wilbarger County, Texas |
| RRC district | 09 |
| Lease number | 31808 |
| Wellbores | 3 |
| Reported production | 49,664 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $233K |
Where DILL 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.