FOUR DOGS UNIT 1

FOUR DOGS UNIT 1 is a Texas oil lease in Panola County, Railroad Commission district 06, operated by Mondo Operating Company. It has 2 wellbores on file with the Commission. Reported production runs from August 2012 to August 2026, totalling 39,186 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 $140K, with roughly $27K 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 18 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was June 2022, at 756 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 FOUR DOGS UNIT 1

Who operates FOUR DOGS UNIT 1?
FOUR DOGS UNIT 1 is operated by Mondo Operating Company, Railroad Commission of Texas operator number 575113.
Where is FOUR DOGS UNIT 1?
FOUR DOGS UNIT 1 is a Texas oil lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15130.
Is FOUR DOGS UNIT 1 still producing?
FOUR DOGS UNIT 1 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FOUR DOGS UNIT 1 is August 2026.
How much has FOUR DOGS UNIT 1 produced?
FOUR DOGS UNIT 1 has reported 39,186 barrels of oil (bbl) to the Railroad Commission of Texas between August 2012 and August 2026, from 2 wellbores.
How much is FOUR DOGS UNIT 1 worth?
The remaining production from FOUR DOGS UNIT 1 is estimated to be worth about $140K in total as of 27 August 2026, within a range of $77K to $204K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOUR DOGS UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production FOUR DOGS UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOUR DOGS UNIT 1 is an estimate of value, not an offer and not an appraisal.
How much income does FOUR DOGS UNIT 1 generate in a year?
FOUR DOGS UNIT 1 is forecast to net about $27K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FOUR DOGS UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

FOUR DOGS UNIT 1 as filed with the Railroad Commission of Texas
OperatorMondo Operating Company
FieldPanola
CountyPanola County, Texas
RRC district06
Lease number15130
Wellbores2
Reported production39,186 bbl
First reported
Last reported
Estimated royalty value$140K

Where FOUR DOGS UNIT 1 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.