WIGHT UNIT
WIGHT UNIT is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Conoco Inc. It has 159 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,152,123 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 $1.1M, with roughly $201K 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 194 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was May 2016, at 2,427 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 WIGHT UNIT
- Who operates WIGHT UNIT?
- WIGHT UNIT is operated by Conoco Inc., Railroad Commission of Texas operator number 172230.
- Where is WIGHT UNIT?
- WIGHT UNIT is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 20661.
- Is WIGHT UNIT still producing?
- WIGHT UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WIGHT UNIT is August 2026.
- How much has WIGHT UNIT produced?
- WIGHT UNIT has reported 1,152,123 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 159 wellbores.
- How much is WIGHT UNIT worth?
- The remaining production from WIGHT UNIT is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $851K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WIGHT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WIGHT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WIGHT UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WIGHT UNIT generate in a year?
- WIGHT UNIT is forecast to net about $201K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WIGHT UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conoco Inc. |
|---|---|
| Field | Cowden, North |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 20661 |
| Wellbores | 159 |
| Reported production | 1,152,123 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where WIGHT 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.