CROSSHAIR UNIT II DIM
CROSSHAIR UNIT II DIM is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 3 wellbores on file with the Commission. Reported production runs from April 2012 to August 2026, totalling 300,002 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 $1.1M, with roughly $284K 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 388 barrels a month, about 129 per wellbore. Its strongest month on the record we hold was August 2016, at 3,069 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CROSSHAIR UNIT II DIM
- Who operates CROSSHAIR UNIT II DIM?
- CROSSHAIR UNIT II DIM is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is CROSSHAIR UNIT II DIM?
- CROSSHAIR UNIT II DIM is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15984.
- Is CROSSHAIR UNIT II DIM still producing?
- CROSSHAIR UNIT II DIM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CROSSHAIR UNIT II DIM is August 2026.
- How much has CROSSHAIR UNIT II DIM produced?
- CROSSHAIR UNIT II DIM has reported 300,002 barrels of oil (bbl) to the Railroad Commission of Texas between April 2012 and August 2026, from 3 wellbores.
- How much is CROSSHAIR UNIT II DIM worth?
- The remaining production from CROSSHAIR UNIT II DIM is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $845K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CROSSHAIR UNIT II DIM is a fraction of it. The estimate fits an Arps decline curve to the production CROSSHAIR UNIT II DIM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CROSSHAIR UNIT II DIM is an estimate of value, not an offer and not an appraisal.
- How much income does CROSSHAIR UNIT II DIM generate in a year?
- CROSSHAIR UNIT II DIM is forecast to net about $284K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CROSSHAIR UNIT II DIM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 15984 |
| Wellbores | 3 |
| Reported production | 300,002 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where CROSSHAIR UNIT II DIM 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.