CORAL UNIT
CORAL UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from June 1995 to August 2026, totalling 300,396 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 $2.7M, with roughly $677K 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 366 barrels a month. Its strongest month on the record we hold was February 2026, at 1,523 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 CORAL UNIT
- Who operates CORAL UNIT?
- CORAL UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is CORAL UNIT?
- CORAL UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22795.
- Is CORAL UNIT still producing?
- CORAL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CORAL UNIT is August 2026.
- How much has CORAL UNIT produced?
- CORAL UNIT has reported 300,396 barrels of oil (bbl) to the Railroad Commission of Texas between June 1995 and August 2026, from 1 wellbore.
- How much is CORAL UNIT worth?
- The remaining production from CORAL UNIT is estimated to be worth about $2.7M in total as of 26 August 2026, within a range of $2.1M to $3.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CORAL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CORAL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CORAL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CORAL UNIT generate in a year?
- CORAL UNIT is forecast to net about $677K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CORAL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 22795 |
| Wellbores | 1 |
| Reported production | 300,396 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
Where CORAL 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.