MCCANDLESS OIL UNIT
MCCANDLESS OIL UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Somont Oil Co., Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 30,255 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $2K, with roughly $408 expected over the next twelve months.
| Operator | Somont Oil Co., Inc. |
|---|---|
| Field | Cistern (Wilcox -J-) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 08116 |
| Wellbores | 4 |
| Reported production | 30,255 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $2K |
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.