WAGGONER RANCH
WAGGONER RANCH is a Texas oil lease in Wilbarger County, Railroad Commission district 09, operated by Johnson & Ernst Operating Co. It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 93,060 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 $462K, with roughly $89K 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 103 barrels a month, about 11 per wellbore. Its strongest month on the record we hold was August 2019, at 175 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 WAGGONER RANCH
- Who operates WAGGONER RANCH?
- WAGGONER RANCH is operated by Johnson & Ernst Operating Co., Railroad Commission of Texas operator number 436155.
- Where is WAGGONER RANCH?
- WAGGONER RANCH is a Texas oil lease in Wilbarger County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 16299.
- Is WAGGONER RANCH still producing?
- WAGGONER RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WAGGONER RANCH is August 2026.
- How much has WAGGONER RANCH produced?
- WAGGONER RANCH has reported 93,060 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 9 wellbores.
- How much is WAGGONER RANCH worth?
- The remaining production from WAGGONER RANCH is estimated to be worth about $462K in total as of 27 August 2026, within a range of $361K to $564K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WAGGONER RANCH is a fraction of it. The estimate fits an Arps decline curve to the production WAGGONER RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WAGGONER RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does WAGGONER RANCH generate in a year?
- WAGGONER RANCH is forecast to net about $89K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WAGGONER RANCH 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 Regular |
| County | Wilbarger County, Texas |
| RRC district | 09 |
| Lease number | 16299 |
| Wellbores | 9 |
| Reported production | 93,060 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $462K |
Where WAGGONER RANCH 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.