HORCICA-WARLICK UNIT

HORCICA-WARLICK UNIT is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Sage Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 178,825 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 $1.0M, with roughly $171K 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 170 barrels a month. Its strongest month on the record we hold was September 2019, at 666 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 HORCICA-WARLICK UNIT

Who operates HORCICA-WARLICK UNIT?
HORCICA-WARLICK UNIT is operated by Sage Energy Company, Railroad Commission of Texas operator number 743215.
Where is HORCICA-WARLICK UNIT?
HORCICA-WARLICK UNIT is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21414.
Is HORCICA-WARLICK UNIT still producing?
HORCICA-WARLICK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HORCICA-WARLICK UNIT is August 2026.
How much has HORCICA-WARLICK UNIT produced?
HORCICA-WARLICK UNIT has reported 178,825 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is HORCICA-WARLICK UNIT worth?
The remaining production from HORCICA-WARLICK UNIT is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $781K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HORCICA-WARLICK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HORCICA-WARLICK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HORCICA-WARLICK UNIT is an estimate of value, not an offer and not an appraisal.
How much income does HORCICA-WARLICK UNIT generate in a year?
HORCICA-WARLICK UNIT is forecast to net about $171K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HORCICA-WARLICK UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HORCICA-WARLICK UNIT as filed with the Railroad Commission of Texas
OperatorSage Energy Company
FieldGiddings (Austin Chalk-3)
CountyBurleson County, Texas
RRC district03
Lease number21414
Wellbores1
Reported production178,825 bbl
First reported
Last reported
Estimated royalty value$1.0M

Where HORCICA-WARLICK 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.