CONOCO UNIT
CONOCO UNIT is a Texas oil lease in Chambers County, Railroad Commission district 03, operated by Arco Oil & Gas Co. It has 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 251,565 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 $101K, with roughly $19K 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 17 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was September 2016, at 2,222 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 CONOCO UNIT
- Who operates CONOCO UNIT?
- CONOCO UNIT is operated by Arco Oil & Gas Co., Railroad Commission of Texas operator number 029340.
- Where is CONOCO UNIT?
- CONOCO UNIT is a Texas oil lease in Chambers County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 00193.
- Is CONOCO UNIT still producing?
- CONOCO UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONOCO UNIT is August 2026.
- How much has CONOCO UNIT produced?
- CONOCO UNIT has reported 251,565 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 7 wellbores.
- How much is CONOCO UNIT worth?
- The remaining production from CONOCO UNIT is estimated to be worth about $101K in total as of 26 August 2026, within a range of $56K to $147K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONOCO UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CONOCO UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONOCO UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CONOCO UNIT generate in a year?
- CONOCO UNIT is forecast to net about $19K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONOCO UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arco Oil & Gas Co. |
|---|---|
| Field | Barbers Hill |
| County | Chambers County, Texas |
| RRC district | 03 |
| Lease number | 00193 |
| Wellbores | 7 |
| Reported production | 251,565 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $101K |
Where CONOCO 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.