GARRETT
GARRETT is a Texas oil lease in Young County, Railroad Commission district 09, operated by Walsh & Watts, Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 13,960 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 $31K, with roughly $6K 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 9 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was October 2016, at 67 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 GARRETT
- Who operates GARRETT?
- GARRETT is operated by Walsh & Watts, Inc., Railroad Commission of Texas operator number 895060.
- Where is GARRETT?
- GARRETT is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 16200.
- Is GARRETT still producing?
- GARRETT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARRETT is August 2026.
- How much has GARRETT produced?
- GARRETT has reported 13,960 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is GARRETT worth?
- The remaining production from GARRETT is estimated to be worth about $31K in total as of 26 August 2026, within a range of $0 to $61K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARRETT is a fraction of it. The estimate fits an Arps decline curve to the production GARRETT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARRETT is an estimate of value, not an offer and not an appraisal.
- How much income does GARRETT generate in a year?
- GARRETT is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GARRETT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Walsh & Watts, Inc. |
|---|---|
| Field | Markley, Se. (Marble Falls) |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 16200 |
| Wellbores | 4 |
| Reported production | 13,960 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $31K |
Where GARRETT 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.