OEDING-BACA UNIT
OEDING-BACA 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 36,160 barrels. The lease is intermittent. 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 $24K, with roughly $4K 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 2 barrels a month. Its strongest month on the record we hold was June 2022, at 43 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 OEDING-BACA UNIT
- Who operates OEDING-BACA UNIT?
- OEDING-BACA UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is OEDING-BACA UNIT?
- OEDING-BACA UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21283.
- Is OEDING-BACA UNIT still producing?
- OEDING-BACA UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for OEDING-BACA UNIT is August 2026.
- How much has OEDING-BACA UNIT produced?
- OEDING-BACA UNIT has reported 36,160 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is OEDING-BACA UNIT worth?
- The remaining production from OEDING-BACA UNIT is estimated to be worth about $24K in total as of 26 August 2026, within a range of $0 to $48K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OEDING-BACA UNIT is a fraction of it. The estimate fits an Arps decline curve to the production OEDING-BACA UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OEDING-BACA UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does OEDING-BACA UNIT generate in a year?
- OEDING-BACA UNIT is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OEDING-BACA 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 | 21283 |
| Wellbores | 1 |
| Reported production | 36,160 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $24K |
Where OEDING-BACA 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.