UMC
UMC is a Texas oil lease in Chambers County, Railroad Commission district 03, operated by Kingwood Exploration LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2022 to August 2026, totalling 53,349 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 $448K, with roughly $156K 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 315 barrels a month. Its strongest month on the record we hold was May 2023, at 5,436 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 UMC
- Who operates UMC?
- UMC is operated by Kingwood Exploration LLC, Railroad Commission of Texas operator number 467256.
- Where is UMC?
- UMC is a Texas oil lease in Chambers County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 28045.
- Is UMC still producing?
- UMC is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UMC is August 2026.
- How much has UMC produced?
- UMC has reported 53,349 barrels of oil (bbl) to the Railroad Commission of Texas between December 2022 and August 2026, from 1 wellbore.
- How much is UMC worth?
- The remaining production from UMC is estimated to be worth about $448K in total as of 26 August 2026, within a range of $349K to $546K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UMC is a fraction of it. The estimate fits an Arps decline curve to the production UMC has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UMC is an estimate of value, not an offer and not an appraisal.
- How much income does UMC generate in a year?
- UMC is forecast to net about $156K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UMC receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kingwood Exploration LLC |
|---|---|
| Field | Double Bayou, S. (F-17) |
| County | Chambers County, Texas |
| RRC district | 03 |
| Lease number | 28045 |
| Wellbores | 1 |
| Reported production | 53,349 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $448K |
Where UMC 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.