PARTLOW OIL UNIT NO. 1

PARTLOW OIL UNIT NO. 1 is a Texas oil lease in Liberty County, Railroad Commission district 03, operated by Odum Oil & Gas Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 56,268 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 $451K, with roughly $87K 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 117 barrels a month, about 59 per wellbore. Its strongest month on the record we hold was September 2017, at 290 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 PARTLOW OIL UNIT NO. 1

Who operates PARTLOW OIL UNIT NO. 1?: PARTLOW OIL UNIT NO. 1 is operated by Odum Oil & Gas Co., Railroad Commission of Texas operator number 618675.
Where is PARTLOW OIL UNIT NO. 1?: PARTLOW OIL UNIT NO. 1 is a Texas oil lease in Liberty County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 07629.
Is PARTLOW OIL UNIT NO. 1 still producing?: PARTLOW OIL UNIT NO. 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARTLOW OIL UNIT NO. 1 is August 2026.
How much has PARTLOW OIL UNIT NO. 1 produced?: PARTLOW OIL UNIT NO. 1 has reported 56,268 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
How much is PARTLOW OIL UNIT NO. 1 worth?: The remaining production from PARTLOW OIL UNIT NO. 1 is estimated to be worth about $451K in total as of 26 August 2026, within a range of $352K to $550K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARTLOW OIL UNIT NO. 1 is a fraction of it. The estimate fits an Arps decline curve to the production PARTLOW OIL UNIT NO. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARTLOW OIL UNIT NO. 1 is an estimate of value, not an offer and not an appraisal.
How much income does PARTLOW OIL UNIT NO. 1 generate in a year?: PARTLOW OIL UNIT NO. 1 is forecast to net about $87K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARTLOW OIL UNIT NO. 1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PARTLOW OIL UNIT NO. 1 as filed with the Railroad Commission of Texas
Operator	Odum Oil & Gas Co.
Field	Hardin
County	Liberty County, Texas
RRC district	03
Lease number	07629
Wellbores	2
Reported production	56,268 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$451K

Where PARTLOW OIL UNIT NO. 1 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.