CHALK HILL UNIT
CHALK HILL 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 1996 to August 2026, totalling 368,976 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 $814K, with roughly $212K 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 279 barrels a month. Its strongest month on the record we hold was July 2019, at 931 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 CHALK HILL UNIT
- Who operates CHALK HILL UNIT?
- CHALK HILL UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is CHALK HILL UNIT?
- CHALK HILL UNIT is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22928.
- Is CHALK HILL UNIT still producing?
- CHALK HILL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHALK HILL UNIT is August 2026.
- How much has CHALK HILL UNIT produced?
- CHALK HILL UNIT has reported 368,976 barrels of oil (bbl) to the Railroad Commission of Texas between January 1996 and August 2026, from 1 wellbore.
- How much is CHALK HILL UNIT worth?
- The remaining production from CHALK HILL UNIT is estimated to be worth about $814K in total as of 26 August 2026, within a range of $635K to $994K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHALK HILL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CHALK HILL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHALK HILL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CHALK HILL UNIT generate in a year?
- CHALK HILL UNIT is forecast to net about $212K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHALK HILL 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 | 22928 |
| Wellbores | 1 |
| Reported production | 368,976 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $814K |
Where CHALK HILL 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.