GHOST TOWN UNIT
GHOST TOWN UNIT is a Texas oil lease in Frio County, Railroad Commission district 01, operated by Cabot Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from November 2014 to August 2026, totalling 350,736 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 $1.1M, with roughly $469K 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 864 barrels a month. Its strongest month on the record we hold was May 2016, at 4,762 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 GHOST TOWN UNIT
- Who operates GHOST TOWN UNIT?
- GHOST TOWN UNIT is operated by Cabot Oil & Gas Corporation, Railroad Commission of Texas operator number 121700.
- Where is GHOST TOWN UNIT?
- GHOST TOWN UNIT is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18239.
- Is GHOST TOWN UNIT still producing?
- GHOST TOWN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GHOST TOWN UNIT is August 2026.
- How much has GHOST TOWN UNIT produced?
- GHOST TOWN UNIT has reported 350,736 barrels of oil (bbl) to the Railroad Commission of Texas between November 2014 and August 2026, from 1 wellbore.
- How much is GHOST TOWN UNIT worth?
- The remaining production from GHOST TOWN UNIT is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $867K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GHOST TOWN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GHOST TOWN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GHOST TOWN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GHOST TOWN UNIT generate in a year?
- GHOST TOWN UNIT is forecast to net about $469K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GHOST TOWN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cabot Oil & Gas Corporation |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Frio County, Texas |
| RRC district | 01 |
| Lease number | 18239 |
| Wellbores | 1 |
| Reported production | 350,736 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where GHOST TOWN 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.