TRACT 5
TRACT 5 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 December 1997 to August 2026, totalling 1,795 barrels. The lease is intermittent. 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 $77K, with roughly $15K 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 15 barrels a month. Its strongest month on the record we hold was August 2025, at 86 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 5
- Who operates TRACT 5?
- TRACT 5 is operated by Exzena Oil Corp., Railroad Commission of Texas operator number 257063.
- Where is TRACT 5?
- TRACT 5 is a Texas oil lease in Wood County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 13942.
- Is TRACT 5 still producing?
- TRACT 5 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for TRACT 5 is August 2026.
- How much has TRACT 5 produced?
- TRACT 5 has reported 1,795 barrels of oil (bbl) to the Railroad Commission of Texas between December 1997 and August 2026, from 1 wellbore.
- How much is TRACT 5 worth?
- The remaining production from TRACT 5 is estimated to be worth about $77K in total as of 27 August 2026, within a range of $42K to $111K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TRACT 5 is a fraction of it. The estimate fits an Arps decline curve to the production TRACT 5 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TRACT 5 is an estimate of value, not an offer and not an appraisal.
- How much income does TRACT 5 generate in a year?
- TRACT 5 is forecast to net about $15K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TRACT 5 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 | 13942 |
| Wellbores | 1 |
| Reported production | 1,795 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $77K |
Where TRACT 5 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.