DOC DRE UNIT
DOC DRE UNIT is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Permian Resources Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from December 2023 to August 2026, totalling 513,532 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 $2.3M, with roughly $1.8M 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 6,765 barrels a month, about 3,383 per wellbore. Its strongest month on the record we hold was January 2024, at 55,426 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 DOC DRE UNIT
- Who operates DOC DRE UNIT?
- DOC DRE UNIT is operated by Permian Resources Operating, LLC, Railroad Commission of Texas operator number 100852.
- Where is DOC DRE UNIT?
- DOC DRE UNIT is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 61531.
- Is DOC DRE UNIT still producing?
- DOC DRE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DOC DRE UNIT is August 2026.
- How much has DOC DRE UNIT produced?
- DOC DRE UNIT has reported 513,532 barrels of oil (bbl) to the Railroad Commission of Texas between December 2023 and August 2026, from 2 wellbores.
- How much is DOC DRE UNIT worth?
- The remaining production from DOC DRE UNIT is estimated to be worth about $2.3M in total as of 27 August 2026, within a range of $1.9M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DOC DRE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production DOC DRE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DOC DRE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does DOC DRE UNIT generate in a year?
- DOC DRE UNIT is forecast to net about $1.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DOC DRE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Permian Resources Operating, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 61531 |
| Wellbores | 2 |
| Reported production | 513,532 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where DOC DRE 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.