CHEERS UNIT A

CHEERS UNIT A is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by SN Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2014 to August 2026, totalling 16,055 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 $32K, with roughly $6K 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 8 barrels a month. Its strongest month on the record we hold was October 2016, at 299 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 CHEERS UNIT A

Who operates CHEERS UNIT A?
CHEERS UNIT A is operated by SN Operating, LLC, Railroad Commission of Texas operator number 797110.
Where is CHEERS UNIT A?
CHEERS UNIT A is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26597.
Is CHEERS UNIT A still producing?
CHEERS UNIT A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHEERS UNIT A is August 2026.
How much has CHEERS UNIT A produced?
CHEERS UNIT A has reported 16,055 barrels of oil (bbl) to the Railroad Commission of Texas between September 2014 and August 2026, from 1 wellbore.
How much is CHEERS UNIT A worth?
The remaining production from CHEERS UNIT A is estimated to be worth about $32K in total as of 27 August 2026, within a range of $0 to $64K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHEERS UNIT A is a fraction of it. The estimate fits an Arps decline curve to the production CHEERS UNIT A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHEERS UNIT A is an estimate of value, not an offer and not an appraisal.
How much income does CHEERS UNIT A generate in a year?
CHEERS UNIT A is forecast to net about $6K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHEERS UNIT A receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CHEERS UNIT A as filed with the Railroad Commission of Texas
OperatorSN Operating, LLC
FieldCypress Landing (Eagle Ford)
CountyFayette County, Texas
RRC district03
Lease number26597
Wellbores1
Reported production16,055 bbl
First reported
Last reported
Estimated royalty value$32K

Where CHEERS UNIT A 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.