PAUL-LEHDE UNIT
PAUL-LEHDE UNIT is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Sage Energy Company. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 470,805 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 $2.1M, with roughly $452K 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 534 barrels a month, about 134 per wellbore. Its strongest month on the record we hold was December 2020, at 785 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 PAUL-LEHDE UNIT
- Who operates PAUL-LEHDE UNIT?
- PAUL-LEHDE UNIT is operated by Sage Energy Company, Railroad Commission of Texas operator number 743215.
- Where is PAUL-LEHDE UNIT?
- PAUL-LEHDE UNIT is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21516.
- Is PAUL-LEHDE UNIT still producing?
- PAUL-LEHDE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PAUL-LEHDE UNIT is August 2026.
- How much has PAUL-LEHDE UNIT produced?
- PAUL-LEHDE UNIT has reported 470,805 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is PAUL-LEHDE UNIT worth?
- The remaining production from PAUL-LEHDE UNIT is estimated to be worth about $2.1M in total as of 27 August 2026, within a range of $1.6M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAUL-LEHDE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PAUL-LEHDE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAUL-LEHDE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PAUL-LEHDE UNIT generate in a year?
- PAUL-LEHDE UNIT is forecast to net about $452K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PAUL-LEHDE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sage Energy Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 21516 |
| Wellbores | 4 |
| Reported production | 470,805 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where PAUL-LEHDE 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.