OVERSTREET-LONG UNIT
OVERSTREET-LONG UNIT is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Seitz, J. R. & Adam, Ltd. It has 2 wellbores on file with the Commission. Reported production runs from March 2009 to August 2026, totalling 131,114 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 $779K, with roughly $177K 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 333 barrels a month, about 167 per wellbore. Its strongest month on the record we hold was March 2018, at 724 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 OVERSTREET-LONG UNIT
- Who operates OVERSTREET-LONG UNIT?
- OVERSTREET-LONG UNIT is operated by Seitz, J. R. & Adam, Ltd., Railroad Commission of Texas operator number 764665.
- Where is OVERSTREET-LONG UNIT?
- OVERSTREET-LONG UNIT is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31236.
- Is OVERSTREET-LONG UNIT still producing?
- OVERSTREET-LONG UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OVERSTREET-LONG UNIT is August 2026.
- How much has OVERSTREET-LONG UNIT produced?
- OVERSTREET-LONG UNIT has reported 131,114 barrels of oil (bbl) to the Railroad Commission of Texas between March 2009 and August 2026, from 2 wellbores.
- How much is OVERSTREET-LONG UNIT worth?
- The remaining production from OVERSTREET-LONG UNIT is estimated to be worth about $779K in total as of 27 August 2026, within a range of $608K to $950K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OVERSTREET-LONG UNIT is a fraction of it. The estimate fits an Arps decline curve to the production OVERSTREET-LONG UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OVERSTREET-LONG UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does OVERSTREET-LONG UNIT generate in a year?
- OVERSTREET-LONG UNIT is forecast to net about $177K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OVERSTREET-LONG UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seitz, J. R. & Adam, Ltd. |
|---|---|
| Field | Seitz-Mcbride (Strawn) |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 31236 |
| Wellbores | 2 |
| Reported production | 131,114 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $779K |
Where OVERSTREET-LONG 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.