RAILEY UNIT
RAILEY UNIT is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Peregrine Petroleum Prtnr, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from February 2023 to August 2026, totalling 114,657 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 $1.4M, with roughly $649K 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 1,208 barrels a month. Its strongest month on the record we hold was March 2023, at 12,576 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 RAILEY UNIT
- Who operates RAILEY UNIT?
- RAILEY UNIT is operated by Peregrine Petroleum Prtnr, Ltd., Railroad Commission of Texas operator number 653271.
- Where is RAILEY UNIT?
- RAILEY UNIT is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32670.
- Is RAILEY UNIT still producing?
- RAILEY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAILEY UNIT is August 2026.
- How much has RAILEY UNIT produced?
- RAILEY UNIT has reported 114,657 barrels of oil (bbl) to the Railroad Commission of Texas between February 2023 and August 2026, from 1 wellbore.
- How much is RAILEY UNIT worth?
- The remaining production from RAILEY UNIT is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAILEY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RAILEY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAILEY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RAILEY UNIT generate in a year?
- RAILEY UNIT is forecast to net about $649K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RAILEY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Peregrine Petroleum Prtnr, Ltd. |
|---|---|
| Field | Sylvester, East (Strawn) |
| County | Fisher County, Texas |
| RRC district | 7B |
| Lease number | 32670 |
| Wellbores | 1 |
| Reported production | 114,657 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where RAILEY 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.