LONGSTREET UNIT
LONGSTREET UNIT is a Texas oil lease in Polk County, Railroad Commission district 03, operated by Arcadia Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2017 to August 2026, totalling 265,461 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 $4.6M, with roughly $1.0M 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 1,448 barrels a month. Its strongest month on the record we hold was November 2017, at 8,531 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 LONGSTREET UNIT
- Who operates LONGSTREET UNIT?
- LONGSTREET UNIT is operated by Arcadia Operating, LLC, Railroad Commission of Texas operator number 028734.
- Where is LONGSTREET UNIT?
- LONGSTREET UNIT is a Texas oil lease in Polk County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27402.
- Is LONGSTREET UNIT still producing?
- LONGSTREET UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LONGSTREET UNIT is August 2026.
- How much has LONGSTREET UNIT produced?
- LONGSTREET UNIT has reported 265,461 barrels of oil (bbl) to the Railroad Commission of Texas between October 2017 and August 2026, from 1 wellbore.
- How much is LONGSTREET UNIT worth?
- The remaining production from LONGSTREET UNIT is estimated to be worth about $4.6M in total as of 27 August 2026, within a range of $3.8M to $5.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LONGSTREET UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LONGSTREET UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LONGSTREET UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LONGSTREET UNIT generate in a year?
- LONGSTREET UNIT is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LONGSTREET UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arcadia Operating, LLC |
|---|---|
| Field | Kenneth Reiss (Wilcox) |
| County | Polk County, Texas |
| RRC district | 03 |
| Lease number | 27402 |
| Wellbores | 1 |
| Reported production | 265,461 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.6M |
Where LONGSTREET 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.