HOUSTON 76 UNIT
HOUSTON 76 UNIT is a Texas oil lease in Scurry County, Railroad Commission district 08, operated by King Operating Corporation. It has 1 wellbore on file with the Commission. Reported production runs from August 2017 to August 2026, totalling 185,368 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 $1.1M, with roughly $375K 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 659 barrels a month. Its strongest month on the record we hold was October 2018, at 8,871 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 HOUSTON 76 UNIT
- Who operates HOUSTON 76 UNIT?
- HOUSTON 76 UNIT is operated by King Operating Corporation, Railroad Commission of Texas operator number 465296.
- Where is HOUSTON 76 UNIT?
- HOUSTON 76 UNIT is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54700.
- Is HOUSTON 76 UNIT still producing?
- HOUSTON 76 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOUSTON 76 UNIT is August 2026.
- How much has HOUSTON 76 UNIT produced?
- HOUSTON 76 UNIT has reported 185,368 barrels of oil (bbl) to the Railroad Commission of Texas between August 2017 and August 2026, from 1 wellbore.
- How much is HOUSTON 76 UNIT worth?
- The remaining production from HOUSTON 76 UNIT is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $862K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOUSTON 76 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HOUSTON 76 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOUSTON 76 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HOUSTON 76 UNIT generate in a year?
- HOUSTON 76 UNIT is forecast to net about $375K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOUSTON 76 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | King Operating Corporation |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Scurry County, Texas |
| RRC district | 08 |
| Lease number | 54700 |
| Wellbores | 1 |
| Reported production | 185,368 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where HOUSTON 76 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.