CONOCO-DEAN UNIT
CONOCO-DEAN UNIT is a Texas oil lease in Cochran County, Railroad Commission district 8A, operated by Conoco Inc. It has 152 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,307,346 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 $2.2M, with roughly $769K 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 1,293 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was May 2016, at 3,990 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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-DEAN UNIT
- Who operates CONOCO-DEAN UNIT?
- CONOCO-DEAN UNIT is operated by Conoco Inc., Railroad Commission of Texas operator number 172230.
- Where is CONOCO-DEAN UNIT?
- CONOCO-DEAN UNIT is a Texas oil lease in Cochran County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 60106.
- Is CONOCO-DEAN UNIT still producing?
- CONOCO-DEAN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONOCO-DEAN UNIT is August 2026.
- How much has CONOCO-DEAN UNIT produced?
- CONOCO-DEAN UNIT has reported 2,307,346 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 152 wellbores.
- How much is CONOCO-DEAN UNIT worth?
- The remaining production from CONOCO-DEAN UNIT is estimated to be worth about $2.2M in total as of 26 August 2026, within a range of $1.9M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONOCO-DEAN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CONOCO-DEAN 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-DEAN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CONOCO-DEAN UNIT generate in a year?
- CONOCO-DEAN UNIT is forecast to net about $769K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONOCO-DEAN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conoco Inc. |
|---|---|
| Field | Slaughter |
| County | Cochran County, Texas |
| RRC district | 8A |
| Lease number | 60106 |
| Wellbores | 152 |
| Reported production | 2,307,346 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where CONOCO-DEAN 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.