DORRANCE-WING UNIT
DORRANCE-WING UNIT is a Texas oil lease in Polk County, Railroad Commission district 03, operated by Smyth Oil Corporation. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 248,976 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 $1.8M, with roughly $420K 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 599 barrels a month, about 200 per wellbore. Its strongest month on the record we hold was December 2018, at 772 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 DORRANCE-WING UNIT
- Who operates DORRANCE-WING UNIT?
- DORRANCE-WING UNIT is operated by Smyth Oil Corporation, Railroad Commission of Texas operator number 796980.
- Where is DORRANCE-WING UNIT?
- DORRANCE-WING UNIT is a Texas oil lease in Polk County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 07873.
- Is DORRANCE-WING UNIT still producing?
- DORRANCE-WING UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DORRANCE-WING UNIT is August 2026.
- How much has DORRANCE-WING UNIT produced?
- DORRANCE-WING UNIT has reported 248,976 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is DORRANCE-WING UNIT worth?
- The remaining production from DORRANCE-WING UNIT is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DORRANCE-WING UNIT is a fraction of it. The estimate fits an Arps decline curve to the production DORRANCE-WING UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DORRANCE-WING UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does DORRANCE-WING UNIT generate in a year?
- DORRANCE-WING UNIT is forecast to net about $420K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DORRANCE-WING UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Smyth Oil Corporation |
|---|---|
| Field | Segno |
| County | Polk County, Texas |
| RRC district | 03 |
| Lease number | 07873 |
| Wellbores | 3 |
| Reported production | 248,976 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where DORRANCE-WING 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.