DANGLE STRAWN UNIT
DANGLE STRAWN UNIT is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Phillips Petroleum Company. It has 39 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 335,089 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 $3.3M, with roughly $754K 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 1,092 barrels a month, about 28 per wellbore. Its strongest month on the record we hold was April 2020, at 1,647 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 DANGLE STRAWN UNIT
- Who operates DANGLE STRAWN UNIT?
- DANGLE STRAWN UNIT is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is DANGLE STRAWN UNIT?
- DANGLE STRAWN UNIT is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 14676.
- Is DANGLE STRAWN UNIT still producing?
- DANGLE STRAWN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DANGLE STRAWN UNIT is August 2026.
- How much has DANGLE STRAWN UNIT produced?
- DANGLE STRAWN UNIT has reported 335,089 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 39 wellbores.
- How much is DANGLE STRAWN UNIT worth?
- The remaining production from DANGLE STRAWN UNIT is estimated to be worth about $3.3M in total as of 26 August 2026, within a range of $2.8M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DANGLE STRAWN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production DANGLE STRAWN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DANGLE STRAWN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does DANGLE STRAWN UNIT generate in a year?
- DANGLE STRAWN UNIT is forecast to net about $754K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DANGLE STRAWN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Dangle (Strawn 1600) |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 14676 |
| Wellbores | 39 |
| Reported production | 335,089 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where DANGLE STRAWN 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.