GIN UNIT
GIN UNIT is a Texas oil lease in Dawson County, Railroad Commission district 8A, operated by Texaco E & P Inc. It has 59 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 3,328,536 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 $1.8M, with roughly $566K 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 873 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was October 2016, at 2,035 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 GIN UNIT
- Who operates GIN UNIT?
- GIN UNIT is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is GIN UNIT?
- GIN UNIT is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66868.
- Is GIN UNIT still producing?
- GIN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GIN UNIT is August 2026.
- How much has GIN UNIT produced?
- GIN UNIT has reported 3,328,536 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 59 wellbores.
- How much is GIN UNIT worth?
- The remaining production from GIN UNIT is estimated to be worth about $1.8M in total as of 27 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GIN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GIN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GIN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GIN UNIT generate in a year?
- GIN UNIT is forecast to net about $566K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GIN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Gin (Spraberry) |
| County | Dawson County, Texas |
| RRC district | 8A |
| Lease number | 66868 |
| Wellbores | 59 |
| Reported production | 3,328,536 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where GIN 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.