WHITSETT UNIT B
WHITSETT UNIT B is a Texas oil lease in Live Oak County, Railroad Commission district 02, operated by Burlington Resources O & G Co LP. It has 3 wellbores on file with the Commission. Reported production runs from October 2012 to August 2026, totalling 763,231 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 $2.9M, with roughly $1.4M 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 2,843 barrels a month, about 948 per wellbore. Its strongest month on the record we hold was June 2023, at 81,458 barrels. 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 WHITSETT UNIT B
- Who operates WHITSETT UNIT B?
- WHITSETT UNIT B is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
- Where is WHITSETT UNIT B?
- WHITSETT UNIT B is a Texas oil lease in Live Oak County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10377.
- Is WHITSETT UNIT B still producing?
- WHITSETT UNIT B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WHITSETT UNIT B is August 2026.
- How much has WHITSETT UNIT B produced?
- WHITSETT UNIT B has reported 763,231 barrels of oil (bbl) to the Railroad Commission of Texas between October 2012 and August 2026, from 3 wellbores.
- How much is WHITSETT UNIT B worth?
- The remaining production from WHITSETT UNIT B is estimated to be worth about $2.9M in total as of 26 August 2026, within a range of $2.4M to $3.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WHITSETT UNIT B is a fraction of it. The estimate fits an Arps decline curve to the production WHITSETT UNIT B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WHITSETT UNIT B is an estimate of value, not an offer and not an appraisal.
- How much income does WHITSETT UNIT B generate in a year?
- WHITSETT UNIT B is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WHITSETT UNIT B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burlington Resources O & G Co LP |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Live Oak County, Texas |
| RRC district | 02 |
| Lease number | 10377 |
| Wellbores | 3 |
| Reported production | 763,231 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.9M |
Where WHITSETT UNIT B 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.