WARD, HAROLD
WARD, HAROLD is a Texas oil lease in Young County, Railroad Commission district 09, operated by Duncan Land & Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 1993 to August 2026, totalling 1,536 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 $47K, with roughly $8K 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 6 barrels a month. Its strongest month on the record we hold was May 2019, at 30 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 WARD, HAROLD
- Who operates WARD, HAROLD?
- WARD, HAROLD is operated by Duncan Land & Exploration, Inc., Railroad Commission of Texas operator number 232290.
- Where is WARD, HAROLD?
- WARD, HAROLD is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 28578.
- Is WARD, HAROLD still producing?
- WARD, HAROLD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WARD, HAROLD is August 2026.
- How much has WARD, HAROLD produced?
- WARD, HAROLD has reported 1,536 barrels of oil (bbl) to the Railroad Commission of Texas between May 1993 and August 2026, from 1 wellbore.
- How much is WARD, HAROLD worth?
- The remaining production from WARD, HAROLD is estimated to be worth about $47K in total as of 27 August 2026, within a range of $0 to $94K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WARD, HAROLD is a fraction of it. The estimate fits an Arps decline curve to the production WARD, HAROLD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WARD, HAROLD is an estimate of value, not an offer and not an appraisal.
- How much income does WARD, HAROLD generate in a year?
- WARD, HAROLD is forecast to net about $8K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WARD, HAROLD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Duncan Land & Exploration, Inc. |
|---|---|
| Field | Young County Regular |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 28578 |
| Wellbores | 1 |
| Reported production | 1,536 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $47K |
Where WARD, HAROLD 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.