NEMEC UNIT
NEMEC UNIT is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by Omni Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 133,852 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 $1.1M, with roughly $194K 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 215 barrels a month. Its strongest month on the record we hold was March 2020, at 1,019 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 NEMEC UNIT
- Who operates NEMEC UNIT?
- NEMEC UNIT is operated by Omni Petroleum Corporation, Railroad Commission of Texas operator number 622740.
- Where is NEMEC UNIT?
- NEMEC UNIT is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21264.
- Is NEMEC UNIT still producing?
- NEMEC UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEMEC UNIT is August 2026.
- How much has NEMEC UNIT produced?
- NEMEC UNIT has reported 133,852 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is NEMEC UNIT worth?
- The remaining production from NEMEC UNIT is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $827K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEMEC UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NEMEC UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEMEC UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NEMEC UNIT generate in a year?
- NEMEC UNIT is forecast to net about $194K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEMEC UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Omni Petroleum Corporation |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 21264 |
| Wellbores | 1 |
| Reported production | 133,852 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where NEMEC 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.