BI-COUNTY UNIT 1
BI-COUNTY UNIT 1 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 June 1995 to August 2026, totalling 362,701 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 $5K expected over the next twelve months.
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 22831 |
| Wellbores | 1 |
| Reported production | 362,701 bbl |
| First reported | June 1995 |
| 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.