SCOTLAND WATERFLOOD UNIT
SCOTLAND WATERFLOOD UNIT is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Cholla Petroleum, Inc. It has 27 wellbores on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 182,473 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 $15.1M, with roughly $3.4M 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 5,128 barrels a month, about 190 per wellbore. Its strongest month on the record we hold was July 2025, at 6,286 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 SCOTLAND WATERFLOOD UNIT
- Who operates SCOTLAND WATERFLOOD UNIT?
- SCOTLAND WATERFLOOD UNIT is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is SCOTLAND WATERFLOOD UNIT?
- SCOTLAND WATERFLOOD UNIT is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33814.
- Is SCOTLAND WATERFLOOD UNIT still producing?
- SCOTLAND WATERFLOOD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCOTLAND WATERFLOOD UNIT is August 2026.
- How much has SCOTLAND WATERFLOOD UNIT produced?
- SCOTLAND WATERFLOOD UNIT has reported 182,473 barrels of oil (bbl) to the Railroad Commission of Texas between October 2018 and August 2026, from 27 wellbores.
- How much is SCOTLAND WATERFLOOD UNIT worth?
- The remaining production from SCOTLAND WATERFLOOD UNIT is estimated to be worth about $15.1M in total as of 26 August 2026, within a range of $12.6M to $17.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCOTLAND WATERFLOOD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SCOTLAND WATERFLOOD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCOTLAND WATERFLOOD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SCOTLAND WATERFLOOD UNIT generate in a year?
- SCOTLAND WATERFLOOD UNIT is forecast to net about $3.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCOTLAND WATERFLOOD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Scotland (Caddo Lime) |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 33814 |
| Wellbores | 27 |
| Reported production | 182,473 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $15.1M |
Where SCOTLAND WATERFLOOD 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.