LITTLE-DUKES UNIT
LITTLE-DUKES UNIT is a Texas oil lease in Frio County, Railroad Commission district 01, operated by Virtex Operating Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 91,120 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 $828K, with roughly $135K 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 112 barrels a month. Its strongest month on the record we hold was October 2017, at 1,561 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 LITTLE-DUKES UNIT
- Who operates LITTLE-DUKES UNIT?
- LITTLE-DUKES UNIT is operated by Virtex Operating Company, Inc., Railroad Commission of Texas operator number 886261.
- Where is LITTLE-DUKES UNIT?
- LITTLE-DUKES UNIT is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16272.
- Is LITTLE-DUKES UNIT still producing?
- LITTLE-DUKES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LITTLE-DUKES UNIT is August 2026.
- How much has LITTLE-DUKES UNIT produced?
- LITTLE-DUKES UNIT has reported 91,120 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 1 wellbore.
- How much is LITTLE-DUKES UNIT worth?
- The remaining production from LITTLE-DUKES UNIT is estimated to be worth about $828K in total as of 27 August 2026, within a range of $645K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LITTLE-DUKES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LITTLE-DUKES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LITTLE-DUKES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LITTLE-DUKES UNIT generate in a year?
- LITTLE-DUKES UNIT is forecast to net about $135K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LITTLE-DUKES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Virtex Operating Company, Inc. |
|---|---|
| Field | Doering Ranch (Georgetown) |
| County | Frio County, Texas |
| RRC district | 01 |
| Lease number | 16272 |
| Wellbores | 1 |
| Reported production | 91,120 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $828K |
Where LITTLE-DUKES 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.