OLIVER "A" UNIT

OLIVER "A" UNIT is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Chief Oil & Gas LLC *. It has 1 wellbore on file with the Commission. Reported production runs from July 2005 to August 2026, totalling 1,706,441 thousand cubic feet. 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 $151K, with roughly $48K 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 2,531 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 6,158 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 OLIVER "A" UNIT

Who operates OLIVER "A" UNIT?
OLIVER "A" UNIT is operated by Chief Oil & Gas LLC *, Railroad Commission of Texas operator number 148219.
Where is OLIVER "A" UNIT?
OLIVER "A" UNIT is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 210630.
Is OLIVER "A" UNIT still producing?
OLIVER "A" UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OLIVER "A" UNIT is August 2026.
How much has OLIVER "A" UNIT produced?
OLIVER "A" UNIT has reported 1,706,441 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2005 and August 2026, from 1 wellbore.
How much is OLIVER "A" UNIT worth?
The remaining production from OLIVER "A" UNIT is estimated to be worth about $151K in total as of 26 August 2026, within a range of $125K to $177K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OLIVER "A" UNIT is a fraction of it. The estimate fits an Arps decline curve to the production OLIVER "A" UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OLIVER "A" UNIT is an estimate of value, not an offer and not an appraisal.
How much income does OLIVER "A" UNIT generate in a year?
OLIVER "A" UNIT is forecast to net about $48K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OLIVER "A" UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

OLIVER "A" UNIT as filed with the Railroad Commission of Texas
OperatorChief Oil & Gas LLC *
FieldNewark, East (Barnett Shale)
CountyTarrant County, Texas
RRC district09
Lease number210630
Wellbores1
Reported production1,706,441 mcf
First reported
Last reported
Estimated royalty value$151K

Where OLIVER "A" UNIT 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.