ROBERTS OIL UNIT
ROBERTS OIL UNIT is a Texas oil lease in Panola County, Railroad Commission district 06, operated by Devon Energy Production Co, L.P. It has 2 wellbores on file with the Commission. Reported production runs from November 2002 to August 2026, totalling 14,890 barrels. The lease is intermittent. 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 $1.6M, with roughly $601K 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 795 barrels a month, about 397 per wellbore. Its strongest month on the record we hold was August 2025, at 1,411 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 ROBERTS OIL UNIT
- Who operates ROBERTS OIL UNIT?
- ROBERTS OIL UNIT is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is ROBERTS OIL UNIT?
- ROBERTS OIL UNIT is a Texas oil lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 14195.
- Is ROBERTS OIL UNIT still producing?
- ROBERTS OIL UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for ROBERTS OIL UNIT is August 2026.
- How much has ROBERTS OIL UNIT produced?
- ROBERTS OIL UNIT has reported 14,890 barrels of oil (bbl) to the Railroad Commission of Texas between November 2002 and August 2026, from 2 wellbores.
- How much is ROBERTS OIL UNIT worth?
- The remaining production from ROBERTS OIL UNIT is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ROBERTS OIL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ROBERTS OIL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ROBERTS OIL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ROBERTS OIL UNIT generate in a year?
- ROBERTS OIL UNIT is forecast to net about $601K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ROBERTS OIL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Carthage (Travis Peak) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 14195 |
| Wellbores | 2 |
| Reported production | 14,890 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where ROBERTS OIL 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.