STRICKLAND UNIT
STRICKLAND UNIT is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2010 to August 2026, totalling 103,896 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 $420K, with roughly $65K 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 57 barrels a month. Its strongest month on the record we hold was May 2016, at 286 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 STRICKLAND UNIT
- Who operates STRICKLAND UNIT?
- STRICKLAND UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is STRICKLAND UNIT?
- STRICKLAND UNIT is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31666.
- Is STRICKLAND UNIT still producing?
- STRICKLAND UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STRICKLAND UNIT is August 2026.
- How much has STRICKLAND UNIT produced?
- STRICKLAND UNIT has reported 103,896 barrels of oil (bbl) to the Railroad Commission of Texas between January 2010 and August 2026, from 1 wellbore.
- How much is STRICKLAND UNIT worth?
- The remaining production from STRICKLAND UNIT is estimated to be worth about $420K in total as of 26 August 2026, within a range of $231K to $609K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STRICKLAND UNIT is a fraction of it. The estimate fits an Arps decline curve to the production STRICKLAND UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STRICKLAND UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does STRICKLAND UNIT generate in a year?
- STRICKLAND UNIT is forecast to net about $65K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STRICKLAND UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Saint Jo, Se. (Viola) |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 31666 |
| Wellbores | 1 |
| Reported production | 103,896 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $420K |
Where STRICKLAND 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.