DOUBLE R UNIT
DOUBLE R UNIT is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Texas Land & Trading Co, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 30,524 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 $216K, with roughly $40K 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 56 barrels a month. Its strongest month on the record we hold was March 2020, at 121 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 DOUBLE R UNIT
- Who operates DOUBLE R UNIT?
- DOUBLE R UNIT is operated by Texas Land & Trading Co, Inc., Railroad Commission of Texas operator number 846652.
- Where is DOUBLE R UNIT?
- DOUBLE R UNIT is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 11550.
- Is DOUBLE R UNIT still producing?
- DOUBLE R UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DOUBLE R UNIT is August 2026.
- How much has DOUBLE R UNIT produced?
- DOUBLE R UNIT has reported 30,524 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is DOUBLE R UNIT worth?
- The remaining production from DOUBLE R UNIT is estimated to be worth about $216K in total as of 26 August 2026, within a range of $119K to $313K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DOUBLE R UNIT is a fraction of it. The estimate fits an Arps decline curve to the production DOUBLE R UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DOUBLE R UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does DOUBLE R UNIT generate in a year?
- DOUBLE R UNIT is forecast to net about $40K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DOUBLE R UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texas Land & Trading Co, Inc. |
|---|---|
| Field | Milbur, East (3110) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 11550 |
| Wellbores | 1 |
| Reported production | 30,524 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $216K |
Where DOUBLE R 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.