WICKHAM-WEEMS
WICKHAM-WEEMS is a Texas oil lease in Young County, Railroad Commission district 09, operated by Scarlet Ribbon Oil Co. It has 14 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 11,834 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 $36K, with roughly $7K 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 12 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was October 2023, at 82 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 WICKHAM-WEEMS
- Who operates WICKHAM-WEEMS?
- WICKHAM-WEEMS is operated by Scarlet Ribbon Oil Co., Railroad Commission of Texas operator number 750178.
- Where is WICKHAM-WEEMS?
- WICKHAM-WEEMS is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 23746.
- Is WICKHAM-WEEMS still producing?
- WICKHAM-WEEMS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WICKHAM-WEEMS is August 2026.
- How much has WICKHAM-WEEMS produced?
- WICKHAM-WEEMS has reported 11,834 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 14 wellbores.
- How much is WICKHAM-WEEMS worth?
- The remaining production from WICKHAM-WEEMS is estimated to be worth about $36K in total as of 26 August 2026, within a range of $20K to $53K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WICKHAM-WEEMS is a fraction of it. The estimate fits an Arps decline curve to the production WICKHAM-WEEMS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WICKHAM-WEEMS is an estimate of value, not an offer and not an appraisal.
- How much income does WICKHAM-WEEMS generate in a year?
- WICKHAM-WEEMS is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WICKHAM-WEEMS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Scarlet Ribbon Oil Co. |
|---|---|
| Field | Young County Regular |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 23746 |
| Wellbores | 14 |
| Reported production | 11,834 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $36K |
Where WICKHAM-WEEMS 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.