TXL SOUTH UNIT
TXL SOUTH UNIT is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Texaco E & P Inc. It has 718 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 21,360,146 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 $50.1M, with roughly $12.6M 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 18,074 barrels a month, about 25 per wellbore. Its strongest month on the record we hold was May 2016, at 58,053 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 TXL SOUTH UNIT
- Who operates TXL SOUTH UNIT?
- TXL SOUTH UNIT is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is TXL SOUTH UNIT?
- TXL SOUTH UNIT is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 20726.
- Is TXL SOUTH UNIT still producing?
- TXL SOUTH UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TXL SOUTH UNIT is August 2026.
- How much has TXL SOUTH UNIT produced?
- TXL SOUTH UNIT has reported 21,360,146 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 718 wellbores.
- How much is TXL SOUTH UNIT worth?
- The remaining production from TXL SOUTH UNIT is estimated to be worth about $50.1M in total as of 26 August 2026, within a range of $41.1M to $59.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TXL SOUTH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production TXL SOUTH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TXL SOUTH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does TXL SOUTH UNIT generate in a year?
- TXL SOUTH UNIT is forecast to net about $12.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TXL SOUTH UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | TXL (Tubb) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 20726 |
| Wellbores | 718 |
| Reported production | 21,360,146 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $50.1M |
Where TXL SOUTH 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.