LOWE BITLER UNIT
LOWE BITLER UNIT is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Kerr-Mcgee Corporation. It has 48 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,927,830 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 $1.0M, with roughly $227K 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 336 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was August 2017, at 1,480 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 LOWE BITLER UNIT
- Who operates LOWE BITLER UNIT?
- LOWE BITLER UNIT is operated by Kerr-Mcgee Corporation, Railroad Commission of Texas operator number 457780.
- Where is LOWE BITLER UNIT?
- LOWE BITLER UNIT is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 19835.
- Is LOWE BITLER UNIT still producing?
- LOWE BITLER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOWE BITLER UNIT is August 2026.
- How much has LOWE BITLER UNIT produced?
- LOWE BITLER UNIT has reported 1,927,830 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 48 wellbores.
- How much is LOWE BITLER UNIT worth?
- The remaining production from LOWE BITLER UNIT is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $782K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOWE BITLER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LOWE BITLER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOWE BITLER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LOWE BITLER UNIT generate in a year?
- LOWE BITLER UNIT is forecast to net about $227K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOWE BITLER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kerr-Mcgee Corporation |
|---|---|
| Field | Fullerton (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 19835 |
| Wellbores | 48 |
| Reported production | 1,927,830 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where LOWE BITLER 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.