TRACT 4
TRACT 4 is a Texas oil lease in Wood County, Railroad Commission district 06, operated by Exzena Oil Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 2000 to August 2026, totalling 7,055 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 $59K, with roughly $11K 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 14 barrels a month. Its strongest month on the record we hold was September 2016, at 64 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 TRACT 4
- Who operates TRACT 4?
- TRACT 4 is operated by Exzena Oil Corp., Railroad Commission of Texas operator number 257063.
- Where is TRACT 4?
- TRACT 4 is a Texas oil lease in Wood County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 14000.
- Is TRACT 4 still producing?
- TRACT 4 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TRACT 4 is August 2026.
- How much has TRACT 4 produced?
- TRACT 4 has reported 7,055 barrels of oil (bbl) to the Railroad Commission of Texas between January 2000 and August 2026, from 1 wellbore.
- How much is TRACT 4 worth?
- The remaining production from TRACT 4 is estimated to be worth about $59K in total as of 27 August 2026, within a range of $32K to $85K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TRACT 4 is a fraction of it. The estimate fits an Arps decline curve to the production TRACT 4 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TRACT 4 is an estimate of value, not an offer and not an appraisal.
- How much income does TRACT 4 generate in a year?
- TRACT 4 is forecast to net about $11K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TRACT 4 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exzena Oil Corp. |
|---|---|
| Field | Forest Hill(Sub-Clarksville 1ST) |
| County | Wood County, Texas |
| RRC district | 06 |
| Lease number | 14000 |
| Wellbores | 1 |
| Reported production | 7,055 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $59K |
Where TRACT 4 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.