KNIGHT-PORTER UNIT
KNIGHT-PORTER UNIT is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 122,915 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 $487K, with roughly $86K 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 95 barrels a month, about 48 per wellbore. Its strongest month on the record we hold was May 2023, at 343 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-PORTER UNIT
- Who operates KNIGHT-PORTER UNIT?
- KNIGHT-PORTER UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is KNIGHT-PORTER UNIT?
- KNIGHT-PORTER UNIT is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21192.
- Is KNIGHT-PORTER UNIT still producing?
- KNIGHT-PORTER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KNIGHT-PORTER UNIT is August 2026.
- How much has KNIGHT-PORTER UNIT produced?
- KNIGHT-PORTER UNIT has reported 122,915 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is KNIGHT-PORTER UNIT worth?
- The remaining production from KNIGHT-PORTER UNIT is estimated to be worth about $487K in total as of 27 August 2026, within a range of $268K to $706K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KNIGHT-PORTER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production KNIGHT-PORTER 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-PORTER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does KNIGHT-PORTER UNIT generate in a year?
- KNIGHT-PORTER UNIT is forecast to net about $86K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KNIGHT-PORTER 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 | 21192 |
| Wellbores | 2 |
| Reported production | 122,915 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $487K |
Where KNIGHT-PORTER 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.