SOUTHERN UNIT
SOUTHERN UNIT is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Thomas, J. C. Inc. It has 55 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 356,362 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 $873K, with roughly $168K 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 250 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was September 2017, at 671 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 SOUTHERN UNIT
- Who operates SOUTHERN UNIT?
- SOUTHERN UNIT is operated by Thomas, J. C. Inc., Railroad Commission of Texas operator number 853678.
- Where is SOUTHERN UNIT?
- SOUTHERN UNIT is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 22613.
- Is SOUTHERN UNIT still producing?
- SOUTHERN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTHERN UNIT is August 2026.
- How much has SOUTHERN UNIT produced?
- SOUTHERN UNIT has reported 356,362 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 55 wellbores.
- How much is SOUTHERN UNIT worth?
- The remaining production from SOUTHERN UNIT is estimated to be worth about $873K in total as of 26 August 2026, within a range of $681K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTHERN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SOUTHERN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTHERN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTHERN UNIT generate in a year?
- SOUTHERN UNIT is forecast to net about $168K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SOUTHERN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thomas, J. C. Inc. |
|---|---|
| Field | Running W (Waddell) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 22613 |
| Wellbores | 55 |
| Reported production | 356,362 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $873K |
Where SOUTHERN 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.