TURNER
TURNER is a Texas oil lease in Wood County, Railroad Commission district 06, operated by Strand Energy, L.C. It has 1 wellbore on file with the Commission. Reported production runs from April 2018 to August 2026, totalling 72,665 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 $49K, with roughly $9K 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 13 barrels a month. Its strongest month on the record we hold was January 2021, at 2,399 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 TURNER
- Who operates TURNER?
- TURNER is operated by Strand Energy, L.C., Railroad Commission of Texas operator number 824758.
- Where is TURNER?
- TURNER is a Texas oil lease in Wood County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15639.
- Is TURNER still producing?
- TURNER is intermittent. The most recent month of production reported to the Railroad Commission of Texas for TURNER is August 2026.
- How much has TURNER produced?
- TURNER has reported 72,665 barrels of oil (bbl) to the Railroad Commission of Texas between April 2018 and August 2026, from 1 wellbore.
- How much is TURNER worth?
- The remaining production from TURNER is estimated to be worth about $49K in total as of 27 August 2026, within a range of $27K to $71K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TURNER is a fraction of it. The estimate fits an Arps decline curve to the production TURNER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TURNER is an estimate of value, not an offer and not an appraisal.
- How much income does TURNER generate in a year?
- TURNER is forecast to net about $9K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TURNER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Strand Energy, L.C. |
|---|---|
| Field | Deu Pree (Woodbine) |
| County | Wood County, Texas |
| RRC district | 06 |
| Lease number | 15639 |
| Wellbores | 1 |
| Reported production | 72,665 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $49K |
Where TURNER 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.