RADAR
RADAR is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Oxy USA Inc. It has 2 wellbores on file with the Commission. Reported production runs from May 2000 to August 2026, totalling 89,036 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 $212K, with roughly $36K 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 31 barrels a month, about 16 per wellbore. Its strongest month on the record we hold was August 2016, at 379 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 RADAR
- Who operates RADAR?
- RADAR is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is RADAR?
- RADAR is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36358.
- Is RADAR still producing?
- RADAR is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RADAR is August 2026.
- How much has RADAR produced?
- RADAR has reported 89,036 barrels of oil (bbl) to the Railroad Commission of Texas between May 2000 and August 2026, from 2 wellbores.
- How much is RADAR worth?
- The remaining production from RADAR is estimated to be worth about $212K in total as of 26 August 2026, within a range of $117K to $308K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RADAR is a fraction of it. The estimate fits an Arps decline curve to the production RADAR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RADAR is an estimate of value, not an offer and not an appraisal.
- How much income does RADAR generate in a year?
- RADAR is forecast to net about $36K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RADAR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Mash (Devonian) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 36358 |
| Wellbores | 2 |
| Reported production | 89,036 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $212K |
Where RADAR 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.