STROUD UNIT
STROUD UNIT is a Texas oil lease in Wood County, Railroad Commission district 06, operated by Fair Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 592,135 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 $1.8M, with roughly $458K 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 648 barrels a month. Its strongest month on the record we hold was March 2017, at 978 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 STROUD UNIT
- Who operates STROUD UNIT?
- STROUD UNIT is operated by Fair Oil Company, Railroad Commission of Texas operator number 258400.
- Where is STROUD UNIT?
- STROUD UNIT is a Texas oil lease in Wood County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 12285.
- Is STROUD UNIT still producing?
- STROUD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STROUD UNIT is August 2026.
- How much has STROUD UNIT produced?
- STROUD UNIT has reported 592,135 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is STROUD UNIT worth?
- The remaining production from STROUD UNIT is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.4M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STROUD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production STROUD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STROUD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does STROUD UNIT generate in a year?
- STROUD UNIT is forecast to net about $458K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STROUD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fair Oil Company |
|---|---|
| Field | Merigale-Paul (Paluxy) |
| County | Wood County, Texas |
| RRC district | 06 |
| Lease number | 12285 |
| Wellbores | 1 |
| Reported production | 592,135 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where STROUD 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.