GREEN UNIT
GREEN UNIT is a Texas oil lease in Baylor County, Railroad Commission district 09, operated by Merit Energy Company. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 267,257 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 $884K, with roughly $170K 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 237 barrels a month, about 47 per wellbore. Its strongest month on the record we hold was June 2018, at 391 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 GREEN UNIT
- Who operates GREEN UNIT?
- GREEN UNIT is operated by Merit Energy Company, Railroad Commission of Texas operator number 561136.
- Where is GREEN UNIT?
- GREEN UNIT is a Texas oil lease in Baylor County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 01434.
- Is GREEN UNIT still producing?
- GREEN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREEN UNIT is August 2026.
- How much has GREEN UNIT produced?
- GREEN UNIT has reported 267,257 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is GREEN UNIT worth?
- The remaining production from GREEN UNIT is estimated to be worth about $884K in total as of 26 August 2026, within a range of $689K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREEN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GREEN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREEN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GREEN UNIT generate in a year?
- GREEN UNIT is forecast to net about $170K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GREEN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Merit Energy Company |
|---|---|
| Field | Seymour Pool |
| County | Baylor County, Texas |
| RRC district | 09 |
| Lease number | 01434 |
| Wellbores | 5 |
| Reported production | 267,257 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $884K |
Where GREEN 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.