EAST MAGNET WITHERS FRIO UNIT
EAST MAGNET WITHERS FRIO UNIT is a Texas oil lease in Wharton County, Railroad Commission district 03, operated by Hunt Oil Company. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 193,010 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 $1.0M, with roughly $233K 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 337 barrels a month, about 84 per wellbore. Its strongest month on the record we hold was August 2016, at 586 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 EAST MAGNET WITHERS FRIO UNIT
- Who operates EAST MAGNET WITHERS FRIO UNIT?
- EAST MAGNET WITHERS FRIO UNIT is operated by Hunt Oil Company, Railroad Commission of Texas operator number 416330.
- Where is EAST MAGNET WITHERS FRIO UNIT?
- EAST MAGNET WITHERS FRIO UNIT is a Texas oil lease in Wharton County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 02918.
- Is EAST MAGNET WITHERS FRIO UNIT still producing?
- EAST MAGNET WITHERS FRIO UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EAST MAGNET WITHERS FRIO UNIT is August 2026.
- How much has EAST MAGNET WITHERS FRIO UNIT produced?
- EAST MAGNET WITHERS FRIO UNIT has reported 193,010 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is EAST MAGNET WITHERS FRIO UNIT worth?
- The remaining production from EAST MAGNET WITHERS FRIO UNIT is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $810K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EAST MAGNET WITHERS FRIO UNIT is a fraction of it. The estimate fits an Arps decline curve to the production EAST MAGNET WITHERS FRIO UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EAST MAGNET WITHERS FRIO UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does EAST MAGNET WITHERS FRIO UNIT generate in a year?
- EAST MAGNET WITHERS FRIO UNIT is forecast to net about $233K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EAST MAGNET WITHERS FRIO UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hunt Oil Company |
|---|---|
| Field | Magnet Withers, E. (Frio) |
| County | Wharton County, Texas |
| RRC district | 03 |
| Lease number | 02918 |
| Wellbores | 4 |
| Reported production | 193,010 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where EAST MAGNET WITHERS FRIO 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.