JURK-GIESE UNIT
JURK-GIESE 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 January 1993 to August 2026, totalling 168,794 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 $469K, with roughly $87K 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 97 barrels a month. Its strongest month on the record we hold was February 2025, at 173 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 JURK-GIESE UNIT
- Who operates JURK-GIESE UNIT?
- JURK-GIESE UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is JURK-GIESE UNIT?
- JURK-GIESE UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21536.
- Is JURK-GIESE UNIT still producing?
- JURK-GIESE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JURK-GIESE UNIT is August 2026.
- How much has JURK-GIESE UNIT produced?
- JURK-GIESE UNIT has reported 168,794 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is JURK-GIESE UNIT worth?
- The remaining production from JURK-GIESE UNIT is estimated to be worth about $469K in total as of 27 August 2026, within a range of $258K to $681K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JURK-GIESE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production JURK-GIESE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JURK-GIESE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does JURK-GIESE UNIT generate in a year?
- JURK-GIESE UNIT is forecast to net about $87K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JURK-GIESE 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 | 21536 |
| Wellbores | 1 |
| Reported production | 168,794 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $469K |
Where JURK-GIESE 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.