SOUTH BEAVER UNIT
SOUTH BEAVER UNIT is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Mccormack, Paul H. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,704 barrels. The lease is intermittent. 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 $2K, with roughly $345 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 barrels a month. Its strongest month on the record we hold was April 2017, at 11 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SOUTH BEAVER UNIT
- Who operates SOUTH BEAVER UNIT?
- SOUTH BEAVER UNIT is operated by Mccormack, Paul H., Railroad Commission of Texas operator number 541905.
- Where is SOUTH BEAVER UNIT?
- SOUTH BEAVER UNIT is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 24322.
- Is SOUTH BEAVER UNIT still producing?
- SOUTH BEAVER UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SOUTH BEAVER UNIT is August 2026.
- How much has SOUTH BEAVER UNIT produced?
- SOUTH BEAVER UNIT has reported 2,704 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SOUTH BEAVER UNIT worth?
- The remaining production from SOUTH BEAVER UNIT is estimated to be worth about $2K in total as of 27 August 2026, within a range of $0 to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTH BEAVER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SOUTH BEAVER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTH BEAVER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTH BEAVER UNIT generate in a year?
- SOUTH BEAVER UNIT is forecast to net about $345 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SOUTH BEAVER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mccormack, Paul H. |
|---|---|
| Field | Cooke County Regular |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 24322 |
| Wellbores | 1 |
| Reported production | 2,704 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where SOUTH BEAVER 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.