CENTRAL OWNBY UNIT
CENTRAL OWNBY UNIT is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Occidental Permian Ltd. It has 1 wellbore on file with the Commission. Reported production runs from August 2015 to August 2026, totalling 55,622 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 $775K, with roughly $175K 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 254 barrels a month. Its strongest month on the record we hold was November 2023, at 853 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 CENTRAL OWNBY UNIT
- Who operates CENTRAL OWNBY UNIT?
- CENTRAL OWNBY UNIT is operated by Occidental Permian Ltd., Railroad Commission of Texas operator number 617544.
- Where is CENTRAL OWNBY UNIT?
- CENTRAL OWNBY UNIT is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70484.
- Is CENTRAL OWNBY UNIT still producing?
- CENTRAL OWNBY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CENTRAL OWNBY UNIT is August 2026.
- How much has CENTRAL OWNBY UNIT produced?
- CENTRAL OWNBY UNIT has reported 55,622 barrels of oil (bbl) to the Railroad Commission of Texas between August 2015 and August 2026, from 1 wellbore.
- How much is CENTRAL OWNBY UNIT worth?
- The remaining production from CENTRAL OWNBY UNIT is estimated to be worth about $775K in total as of 26 August 2026, within a range of $605K to $946K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CENTRAL OWNBY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CENTRAL OWNBY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CENTRAL OWNBY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CENTRAL OWNBY UNIT generate in a year?
- CENTRAL OWNBY UNIT is forecast to net about $175K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CENTRAL OWNBY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Occidental Permian Ltd. |
|---|---|
| Field | Ownby (Glorieta) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 70484 |
| Wellbores | 1 |
| Reported production | 55,622 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $775K |
Where CENTRAL OWNBY 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.