HIGGINS UNIT
HIGGINS UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Gemini Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from March 1994 to August 2026, totalling 351,667 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $11K, with roughly $6K expected over the next twelve months.
| Operator | Gemini Exploration Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 22346 |
| Wellbores | 1 |
| Reported production | 351,667 bbl |
| First reported | March 1994 |
| Last reported | August 2026 |
| Estimated royalty value | $11K |
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.