AXIS
AXIS is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Impetro Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 318,589 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 $6.3M, with roughly $1.6M 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 2,160 barrels a month. Its strongest month on the record we hold was October 2018, at 26,841 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 AXIS
- Who operates AXIS?
- AXIS is operated by Impetro Operating LLC, Railroad Commission of Texas operator number 423519.
- Where is AXIS?
- AXIS is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51243.
- Is AXIS still producing?
- AXIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AXIS is August 2026.
- How much has AXIS produced?
- AXIS has reported 318,589 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 1 wellbore.
- How much is AXIS worth?
- The remaining production from AXIS is estimated to be worth about $6.3M in total as of 26 August 2026, within a range of $5.3M to $7.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AXIS is a fraction of it. The estimate fits an Arps decline curve to the production AXIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AXIS is an estimate of value, not an offer and not an appraisal.
- How much income does AXIS generate in a year?
- AXIS is forecast to net about $1.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AXIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Impetro Operating LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 51243 |
| Wellbores | 1 |
| Reported production | 318,589 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.3M |
Where AXIS 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.