WAGGONER-WHEELER

WAGGONER-WHEELER is a Texas oil lease in Wilbarger County, Railroad Commission district 09, operated by Energy Production Corporation. It has 1 wellbore on file with the Commission. Reported production runs from April 2011 to August 2026, totalling 16,315 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 $149K, with roughly $29K 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 42 barrels a month. Its strongest month on the record we hold was October 2018, at 167 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 WAGGONER-WHEELER

Who operates WAGGONER-WHEELER?
WAGGONER-WHEELER is operated by Energy Production Corporation, Railroad Commission of Texas operator number 251989.
Where is WAGGONER-WHEELER?
WAGGONER-WHEELER is a Texas oil lease in Wilbarger County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31850.
Is WAGGONER-WHEELER still producing?
WAGGONER-WHEELER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WAGGONER-WHEELER is August 2026.
How much has WAGGONER-WHEELER produced?
WAGGONER-WHEELER has reported 16,315 barrels of oil (bbl) to the Railroad Commission of Texas between April 2011 and August 2026, from 1 wellbore.
How much is WAGGONER-WHEELER worth?
The remaining production from WAGGONER-WHEELER is estimated to be worth about $149K in total as of 27 August 2026, within a range of $82K to $216K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WAGGONER-WHEELER is a fraction of it. The estimate fits an Arps decline curve to the production WAGGONER-WHEELER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WAGGONER-WHEELER is an estimate of value, not an offer and not an appraisal.
How much income does WAGGONER-WHEELER generate in a year?
WAGGONER-WHEELER is forecast to net about $29K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WAGGONER-WHEELER receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

WAGGONER-WHEELER as filed with the Railroad Commission of Texas
OperatorEnergy Production Corporation
FieldWilbarger County Regular
CountyWilbarger County, Texas
RRC district09
Lease number31850
Wellbores1
Reported production16,315 bbl
First reported
Last reported
Estimated royalty value$149K

Where WAGGONER-WHEELER 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.