STATE-WALTON 'E'
STATE-WALTON 'E' is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Blackbeard Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2017 to August 2026, totalling 80,703 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 $1.3M, with roughly $444K 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 468 barrels a month. Its strongest month on the record we hold was October 2018, at 2,161 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 STATE-WALTON 'E'
- Who operates STATE-WALTON 'E'?
- STATE-WALTON 'E' is operated by Blackbeard Operating, LLC, Railroad Commission of Texas operator number 073056.
- Where is STATE-WALTON 'E'?
- STATE-WALTON 'E' is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49976.
- Is STATE-WALTON 'E' still producing?
- STATE-WALTON 'E' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE-WALTON 'E' is August 2026.
- How much has STATE-WALTON 'E' produced?
- STATE-WALTON 'E' has reported 80,703 barrels of oil (bbl) to the Railroad Commission of Texas between October 2017 and August 2026, from 1 wellbore.
- How much is STATE-WALTON 'E' worth?
- The remaining production from STATE-WALTON 'E' is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE-WALTON 'E' is a fraction of it. The estimate fits an Arps decline curve to the production STATE-WALTON 'E' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE-WALTON 'E' is an estimate of value, not an offer and not an appraisal.
- How much income does STATE-WALTON 'E' generate in a year?
- STATE-WALTON 'E' is forecast to net about $444K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE-WALTON 'E' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blackbeard Operating, LLC |
|---|---|
| Field | Keystone (Consolidated) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 49976 |
| Wellbores | 1 |
| Reported production | 80,703 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where STATE-WALTON 'E' 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.