CRNKOVIC, MILDRED UNIT
CRNKOVIC, MILDRED UNIT is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 410,773 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 $1.2M, with roughly $266K 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 427 barrels a month, about 213 per wellbore. Its strongest month on the record we hold was August 2019, at 1,953 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 CRNKOVIC, MILDRED UNIT
- Who operates CRNKOVIC, MILDRED UNIT?
- CRNKOVIC, MILDRED UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is CRNKOVIC, MILDRED UNIT?
- CRNKOVIC, MILDRED UNIT is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 13912.
- Is CRNKOVIC, MILDRED UNIT still producing?
- CRNKOVIC, MILDRED UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRNKOVIC, MILDRED UNIT is August 2026.
- How much has CRNKOVIC, MILDRED UNIT produced?
- CRNKOVIC, MILDRED UNIT has reported 410,773 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is CRNKOVIC, MILDRED UNIT worth?
- The remaining production from CRNKOVIC, MILDRED UNIT is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $954K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRNKOVIC, MILDRED UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CRNKOVIC, MILDRED UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRNKOVIC, MILDRED UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CRNKOVIC, MILDRED UNIT generate in a year?
- CRNKOVIC, MILDRED UNIT is forecast to net about $266K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CRNKOVIC, MILDRED UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 13912 |
| Wellbores | 2 |
| Reported production | 410,773 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where CRNKOVIC, MILDRED 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.