INTERNATIONAL UNIT
INTERNATIONAL UNIT is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Callon Petroleum Operating Co. It has 3 wellbores on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 643,412 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 $17.4M, with roughly $3.8M 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 4,982 barrels a month, about 1,661 per wellbore. Its strongest month on the record we hold was June 2017, at 24,446 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 INTERNATIONAL UNIT
- Who operates INTERNATIONAL UNIT?
- INTERNATIONAL UNIT is operated by Callon Petroleum Operating Co, Railroad Commission of Texas operator number 124828.
- Where is INTERNATIONAL UNIT?
- INTERNATIONAL UNIT is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48671.
- Is INTERNATIONAL UNIT still producing?
- INTERNATIONAL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for INTERNATIONAL UNIT is August 2026.
- How much has INTERNATIONAL UNIT produced?
- INTERNATIONAL UNIT has reported 643,412 barrels of oil (bbl) to the Railroad Commission of Texas between May 2017 and August 2026, from 3 wellbores.
- How much is INTERNATIONAL UNIT worth?
- The remaining production from INTERNATIONAL UNIT is estimated to be worth about $17.4M in total as of 26 August 2026, within a range of $14.5M to $20.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in INTERNATIONAL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production INTERNATIONAL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for INTERNATIONAL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does INTERNATIONAL UNIT generate in a year?
- INTERNATIONAL UNIT is forecast to net about $3.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in INTERNATIONAL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Callon Petroleum Operating Co |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 48671 |
| Wellbores | 3 |
| Reported production | 643,412 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $17.4M |
Where INTERNATIONAL 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.