KNIGHT-HAINES UNIT
KNIGHT-HAINES UNIT is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 144,860 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 $368K, with roughly $69K 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 60 barrels a month, about 20 per wellbore. Its strongest month on the record we hold was July 2022, at 340 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 KNIGHT-HAINES UNIT
- Who operates KNIGHT-HAINES UNIT?
- KNIGHT-HAINES UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is KNIGHT-HAINES UNIT?
- KNIGHT-HAINES UNIT is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 15337.
- Is KNIGHT-HAINES UNIT still producing?
- KNIGHT-HAINES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KNIGHT-HAINES UNIT is August 2026.
- How much has KNIGHT-HAINES UNIT produced?
- KNIGHT-HAINES UNIT has reported 144,860 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is KNIGHT-HAINES UNIT worth?
- The remaining production from KNIGHT-HAINES UNIT is estimated to be worth about $368K in total as of 27 August 2026, within a range of $202K to $534K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KNIGHT-HAINES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production KNIGHT-HAINES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KNIGHT-HAINES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does KNIGHT-HAINES UNIT generate in a year?
- KNIGHT-HAINES UNIT is forecast to net about $69K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KNIGHT-HAINES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 15337 |
| Wellbores | 3 |
| Reported production | 144,860 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $368K |
Where KNIGHT-HAINES 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.