SAM UNIT

SAM UNIT is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Rme Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2001 to August 2026, totalling 125,371 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 $701K, with roughly $182K 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 295 barrels a month. Its strongest month on the record we hold was September 2022, at 1,838 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 SAM UNIT

Who operates SAM UNIT?
SAM UNIT is operated by Rme Petroleum Company, Railroad Commission of Texas operator number 714229.
Where is SAM UNIT?
SAM UNIT is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24036.
Is SAM UNIT still producing?
SAM UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SAM UNIT is August 2026.
How much has SAM UNIT produced?
SAM UNIT has reported 125,371 barrels of oil (bbl) to the Railroad Commission of Texas between January 2001 and August 2026, from 1 wellbore.
How much is SAM UNIT worth?
The remaining production from SAM UNIT is estimated to be worth about $701K in total as of 26 August 2026, within a range of $547K to $855K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SAM UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SAM UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SAM UNIT is an estimate of value, not an offer and not an appraisal.
How much income does SAM UNIT generate in a year?
SAM UNIT is forecast to net about $182K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SAM UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SAM UNIT as filed with the Railroad Commission of Texas
OperatorRme Petroleum Company
FieldGiddings (Buda)
CountyBurleson County, Texas
RRC district03
Lease number24036
Wellbores1
Reported production125,371 bbl
First reported
Last reported
Estimated royalty value$701K

Where SAM 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.