SVEC OL UNIT
SVEC OL UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 4 wellbores on file with the Commission. Reported production runs from July 1993 to August 2026, totalling 319,852 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 $2.3M, with roughly $498K 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 839 barrels a month, about 210 per wellbore. Its strongest month on the record we hold was June 2022, at 6,995 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 SVEC OL UNIT
- Who operates SVEC OL UNIT?
- SVEC OL UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is SVEC OL UNIT?
- SVEC OL UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22104.
- Is SVEC OL UNIT still producing?
- SVEC OL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SVEC OL UNIT is August 2026.
- How much has SVEC OL UNIT produced?
- SVEC OL UNIT has reported 319,852 barrels of oil (bbl) to the Railroad Commission of Texas between July 1993 and August 2026, from 4 wellbores.
- How much is SVEC OL UNIT worth?
- The remaining production from SVEC OL UNIT is estimated to be worth about $2.3M in total as of 26 August 2026, within a range of $1.8M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SVEC OL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SVEC OL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SVEC OL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SVEC OL UNIT generate in a year?
- SVEC OL UNIT is forecast to net about $498K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SVEC OL 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 | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 22104 |
| Wellbores | 4 |
| Reported production | 319,852 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where SVEC OL 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.