RALEIGH UNIT
RALEIGH UNIT is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Sage Energy Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 97,194 barrels. The lease is shut in. 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 $4K, with roughly $725 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 0 barrels a month. Its strongest month on the record we hold was February 2018, at 154 barrels.
Key facts about RALEIGH UNIT
- Who operates RALEIGH UNIT?
- RALEIGH UNIT is operated by Sage Energy Company, Railroad Commission of Texas operator number 743215.
- Where is RALEIGH UNIT?
- RALEIGH UNIT is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 18729.
- Is RALEIGH UNIT still producing?
- RALEIGH UNIT is shut in. The most recent month of production reported to the Railroad Commission of Texas for RALEIGH UNIT is August 2026.
- How much has RALEIGH UNIT produced?
- RALEIGH UNIT has reported 97,194 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is RALEIGH UNIT worth?
- The remaining production from RALEIGH UNIT is estimated to be worth about $4K in total as of 27 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RALEIGH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RALEIGH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RALEIGH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RALEIGH UNIT generate in a year?
- RALEIGH UNIT is forecast to net about $725 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RALEIGH 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 | 18729 |
| Wellbores | 2 |
| Reported production | 97,194 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where RALEIGH 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.