PELICAN UNIT
PELICAN UNIT is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Apache Corporation. It has 3 wellbores on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 677,316 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $94K, with roughly $31K expected over the next twelve months.
| Operator | Apache Corporation |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 50112 |
| Wellbores | 3 |
| Reported production | 677,316 bbl |
| First reported | May 2017 |
| Last reported | August 2026 |
| Estimated royalty value | $94K |
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.