PIETSCH-PIETSCH UNIT
PIETSCH-PIETSCH 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 January 1993 to August 2026, totalling 129,731 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 $229K, with roughly $40K 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 56 barrels a month, about 28 per wellbore. Its strongest month on the record we hold was May 2023, at 446 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 PIETSCH-PIETSCH UNIT
- Who operates PIETSCH-PIETSCH UNIT?
- PIETSCH-PIETSCH UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is PIETSCH-PIETSCH UNIT?
- PIETSCH-PIETSCH UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21479.
- Is PIETSCH-PIETSCH UNIT still producing?
- PIETSCH-PIETSCH UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIETSCH-PIETSCH UNIT is August 2026.
- How much has PIETSCH-PIETSCH UNIT produced?
- PIETSCH-PIETSCH UNIT has reported 129,731 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is PIETSCH-PIETSCH UNIT worth?
- The remaining production from PIETSCH-PIETSCH UNIT is estimated to be worth about $229K in total as of 26 August 2026, within a range of $126K to $332K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIETSCH-PIETSCH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PIETSCH-PIETSCH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIETSCH-PIETSCH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PIETSCH-PIETSCH UNIT generate in a year?
- PIETSCH-PIETSCH UNIT is forecast to net about $40K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PIETSCH-PIETSCH 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 | 21479 |
| Wellbores | 2 |
| Reported production | 129,731 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $229K |
Where PIETSCH-PIETSCH 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.