TOKIO UNIT
TOKIO UNIT is a Texas oil lease in Terry County, Railroad Commission district 8A, operated by Socorro Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2023 to August 2026, totalling 30,171 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 $60K, with roughly $14K expected over the next twelve months.
| Operator | Socorro Exploration, Inc. |
|---|---|
| Field | Tokio, South (Leonard) |
| County | Terry County, Texas |
| RRC district | 8A |
| Lease number | 71309 |
| Wellbores | 1 |
| Reported production | 30,171 bbl |
| First reported | April 2023 |
| Last reported | August 2026 |
| Estimated royalty value | $60K |
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.