ALTIMORE-SCARMARDO UNIT
ALTIMORE-SCARMARDO UNIT is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 44,057 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 $300K, with roughly $58K 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 81 barrels a month. Its strongest month on the record we hold was December 2020, at 370 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 ALTIMORE-SCARMARDO UNIT
- Who operates ALTIMORE-SCARMARDO UNIT?
- ALTIMORE-SCARMARDO UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is ALTIMORE-SCARMARDO UNIT?
- ALTIMORE-SCARMARDO UNIT is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21822.
- Is ALTIMORE-SCARMARDO UNIT still producing?
- ALTIMORE-SCARMARDO UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALTIMORE-SCARMARDO UNIT is August 2026.
- How much has ALTIMORE-SCARMARDO UNIT produced?
- ALTIMORE-SCARMARDO UNIT has reported 44,057 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is ALTIMORE-SCARMARDO UNIT worth?
- The remaining production from ALTIMORE-SCARMARDO UNIT is estimated to be worth about $300K in total as of 26 August 2026, within a range of $165K to $435K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALTIMORE-SCARMARDO UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ALTIMORE-SCARMARDO UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALTIMORE-SCARMARDO UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ALTIMORE-SCARMARDO UNIT generate in a year?
- ALTIMORE-SCARMARDO UNIT is forecast to net about $58K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALTIMORE-SCARMARDO 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 | 21822 |
| Wellbores | 1 |
| Reported production | 44,057 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $300K |
Where ALTIMORE-SCARMARDO 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.