PHILLIPS-APPELT UNIT
PHILLIPS-APPELT UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Williams, Clayton Energy, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 202,294 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 $514K, with roughly $92K 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 99 barrels a month. Its strongest month on the record we hold was March 2024, at 479 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 PHILLIPS-APPELT UNIT
- Who operates PHILLIPS-APPELT UNIT?
- PHILLIPS-APPELT UNIT is operated by Williams, Clayton Energy, L.L.C, Railroad Commission of Texas operator number 924625.
- Where is PHILLIPS-APPELT UNIT?
- PHILLIPS-APPELT UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21804.
- Is PHILLIPS-APPELT UNIT still producing?
- PHILLIPS-APPELT UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHILLIPS-APPELT UNIT is August 2026.
- How much has PHILLIPS-APPELT UNIT produced?
- PHILLIPS-APPELT UNIT has reported 202,294 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PHILLIPS-APPELT UNIT worth?
- The remaining production from PHILLIPS-APPELT UNIT is estimated to be worth about $514K in total as of 26 August 2026, within a range of $283K to $746K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHILLIPS-APPELT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PHILLIPS-APPELT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHILLIPS-APPELT UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PHILLIPS-APPELT UNIT generate in a year?
- PHILLIPS-APPELT UNIT is forecast to net about $92K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PHILLIPS-APPELT UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Williams, Clayton Energy, L.L.C |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 21804 |
| Wellbores | 1 |
| Reported production | 202,294 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $514K |
Where PHILLIPS-APPELT 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.