LINCOLN OL UNIT
LINCOLN OL UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 2 wellbores on file with the Commission. Reported production runs from March 1994 to August 2026, totalling 144,781 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 $346K, with roughly $58K 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 52 barrels a month, about 26 per wellbore. Its strongest month on the record we hold was October 2025, at 171 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 LINCOLN OL UNIT
- Who operates LINCOLN OL UNIT?
- LINCOLN OL UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is LINCOLN OL UNIT?
- LINCOLN OL UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22365.
- Is LINCOLN OL UNIT still producing?
- LINCOLN OL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LINCOLN OL UNIT is August 2026.
- How much has LINCOLN OL UNIT produced?
- LINCOLN OL UNIT has reported 144,781 barrels of oil (bbl) to the Railroad Commission of Texas between March 1994 and August 2026, from 2 wellbores.
- How much is LINCOLN OL UNIT worth?
- The remaining production from LINCOLN OL UNIT is estimated to be worth about $346K in total as of 26 August 2026, within a range of $190K to $502K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LINCOLN OL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LINCOLN OL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LINCOLN OL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LINCOLN OL UNIT generate in a year?
- LINCOLN OL UNIT is forecast to net about $58K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LINCOLN OL 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 | 22365 |
| Wellbores | 2 |
| Reported production | 144,781 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $346K |
Where LINCOLN OL 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.