NANCE UNIT
NANCE UNIT is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Sage Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1998 to August 2026, totalling 380,843 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 $2.5M, with roughly $570K 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 2,322 barrels a month. Its strongest month on the record we hold was March 2026, at 3,192 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 NANCE UNIT
- Who operates NANCE UNIT?
- NANCE UNIT is operated by Sage Energy Company, Railroad Commission of Texas operator number 743215.
- Where is NANCE UNIT?
- NANCE UNIT is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 14174.
- Is NANCE UNIT still producing?
- NANCE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NANCE UNIT is August 2026.
- How much has NANCE UNIT produced?
- NANCE UNIT has reported 380,843 barrels of oil (bbl) to the Railroad Commission of Texas between January 1998 and August 2026, from 1 wellbore.
- How much is NANCE UNIT worth?
- The remaining production from NANCE UNIT is estimated to be worth about $2.5M in total as of 26 August 2026, within a range of $2.1M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NANCE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NANCE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NANCE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NANCE UNIT generate in a year?
- NANCE UNIT is forecast to net about $570K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NANCE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sage Energy Company |
|---|---|
| Field | Pearsall (Austin Chalk) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 14174 |
| Wellbores | 1 |
| Reported production | 380,843 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where NANCE 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.