FORBES UNIT
FORBES UNIT is a Texas oil lease in Crosby County, Railroad Commission district 8A, operated by Anadarko Petroleum Corporation. It has 25 wellbores on file with the Commission. Reported production runs from March 1996 to August 2026, totalling 631,353 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 $3.2M, with roughly $759K 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 1,069 barrels a month, about 43 per wellbore. Its strongest month on the record we hold was July 2016, at 2,174 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 FORBES UNIT
- Who operates FORBES UNIT?
- FORBES UNIT is operated by Anadarko Petroleum Corporation, Railroad Commission of Texas operator number 020572.
- Where is FORBES UNIT?
- FORBES UNIT is a Texas oil lease in Crosby County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67509.
- Is FORBES UNIT still producing?
- FORBES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FORBES UNIT is August 2026.
- How much has FORBES UNIT produced?
- FORBES UNIT has reported 631,353 barrels of oil (bbl) to the Railroad Commission of Texas between March 1996 and August 2026, from 25 wellbores.
- How much is FORBES UNIT worth?
- The remaining production from FORBES UNIT is estimated to be worth about $3.2M in total as of 26 August 2026, within a range of $2.7M to $3.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FORBES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FORBES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FORBES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FORBES UNIT generate in a year?
- FORBES UNIT is forecast to net about $759K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FORBES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko Petroleum Corporation |
|---|---|
| Field | Forbes (San Andres) |
| County | Crosby County, Texas |
| RRC district | 8A |
| Lease number | 67509 |
| Wellbores | 25 |
| Reported production | 631,353 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.2M |
Where FORBES 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.