RING "A" UNIT
RING "A" UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Southern Bay Operating, L.L.C. It has 5 wellbores on file with the Commission. Reported production runs from January 2012 to August 2026, totalling 743,334 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 $926K, with roughly $453K 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 447 barrels a month, about 89 per wellbore. Its strongest month on the record we hold was May 2016, at 3,173 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 RING "A" UNIT
- Who operates RING "A" UNIT?
- RING "A" UNIT is operated by Southern Bay Operating, L.L.C., Railroad Commission of Texas operator number 803494.
- Where is RING "A" UNIT?
- RING "A" UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26084.
- Is RING "A" UNIT still producing?
- RING "A" UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RING "A" UNIT is August 2026.
- How much has RING "A" UNIT produced?
- RING "A" UNIT has reported 743,334 barrels of oil (bbl) to the Railroad Commission of Texas between January 2012 and August 2026, from 5 wellbores.
- How much is RING "A" UNIT worth?
- The remaining production from RING "A" UNIT is estimated to be worth about $926K in total as of 26 August 2026, within a range of $722K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RING "A" UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RING "A" UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RING "A" UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RING "A" UNIT generate in a year?
- RING "A" UNIT is forecast to net about $453K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RING "A" UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Southern Bay Operating, L.L.C. |
|---|---|
| Field | Southern Bay (Eagle Ford) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 26084 |
| Wellbores | 5 |
| Reported production | 743,334 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $926K |
Where RING "A" 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.