DEAN EQUIPMENT COMPANY
DEAN EQUIPMENT COMPANY is a Texas oil lease in Lee 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 55,062 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 $74K, with roughly $13K 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 20 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was May 2024, at 180 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 DEAN EQUIPMENT COMPANY
- Who operates DEAN EQUIPMENT COMPANY?
- DEAN EQUIPMENT COMPANY is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is DEAN EQUIPMENT COMPANY?
- DEAN EQUIPMENT COMPANY is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 14181.
- Is DEAN EQUIPMENT COMPANY still producing?
- DEAN EQUIPMENT COMPANY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DEAN EQUIPMENT COMPANY is August 2026.
- How much has DEAN EQUIPMENT COMPANY produced?
- DEAN EQUIPMENT COMPANY has reported 55,062 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is DEAN EQUIPMENT COMPANY worth?
- The remaining production from DEAN EQUIPMENT COMPANY is estimated to be worth about $74K in total as of 27 August 2026, within a range of $40K to $107K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DEAN EQUIPMENT COMPANY is a fraction of it. The estimate fits an Arps decline curve to the production DEAN EQUIPMENT COMPANY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DEAN EQUIPMENT COMPANY is an estimate of value, not an offer and not an appraisal.
- How much income does DEAN EQUIPMENT COMPANY generate in a year?
- DEAN EQUIPMENT COMPANY is forecast to net about $13K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DEAN EQUIPMENT COMPANY 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 | Lee County, Texas |
| RRC district | 03 |
| Lease number | 14181 |
| Wellbores | 2 |
| Reported production | 55,062 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $74K |
Where DEAN EQUIPMENT COMPANY 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.