LEON T-BAR-X UNIT
LEON T-BAR-X UNIT is a Texas oil lease in Robertson County, Railroad Commission district 05, operated by Patterson Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 1997 to August 2026, totalling 254,574 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 $306K, with roughly $59K 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 84 barrels a month. Its strongest month on the record we hold was June 2016, at 161 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 LEON T-BAR-X UNIT
- Who operates LEON T-BAR-X UNIT?
- LEON T-BAR-X UNIT is operated by Patterson Petroleum, Inc., Railroad Commission of Texas operator number 643392.
- Where is LEON T-BAR-X UNIT?
- LEON T-BAR-X UNIT is a Texas oil lease in Robertson County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 03568.
- Is LEON T-BAR-X UNIT still producing?
- LEON T-BAR-X UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEON T-BAR-X UNIT is August 2026.
- How much has LEON T-BAR-X UNIT produced?
- LEON T-BAR-X UNIT has reported 254,574 barrels of oil (bbl) to the Railroad Commission of Texas between August 1997 and August 2026, from 1 wellbore.
- How much is LEON T-BAR-X UNIT worth?
- The remaining production from LEON T-BAR-X UNIT is estimated to be worth about $306K in total as of 26 August 2026, within a range of $168K to $444K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEON T-BAR-X UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LEON T-BAR-X UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEON T-BAR-X UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LEON T-BAR-X UNIT generate in a year?
- LEON T-BAR-X UNIT is forecast to net about $59K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEON T-BAR-X UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patterson Petroleum, Inc. |
|---|---|
| Field | Ici (Georgetown) |
| County | Robertson County, Texas |
| RRC district | 05 |
| Lease number | 03568 |
| Wellbores | 1 |
| Reported production | 254,574 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $306K |
Where LEON T-BAR-X 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.