BOOKS, E.C. OIL UNIT

BOOKS, E.C. OIL UNIT is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Carrland Oil & Gas Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 162,005 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 $284K, with roughly $54K 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 75 barrels a month. Its strongest month on the record we hold was July 2016, at 1,554 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 BOOKS, E.C. OIL UNIT

Who operates BOOKS, E.C. OIL UNIT?
BOOKS, E.C. OIL UNIT is operated by Carrland Oil & Gas Inc., Railroad Commission of Texas operator number 135810.
Where is BOOKS, E.C. OIL UNIT?
BOOKS, E.C. OIL UNIT is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 29689.
Is BOOKS, E.C. OIL UNIT still producing?
BOOKS, E.C. OIL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOOKS, E.C. OIL UNIT is August 2026.
How much has BOOKS, E.C. OIL UNIT produced?
BOOKS, E.C. OIL UNIT has reported 162,005 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is BOOKS, E.C. OIL UNIT worth?
The remaining production from BOOKS, E.C. OIL UNIT is estimated to be worth about $284K in total as of 27 August 2026, within a range of $156K to $412K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOOKS, E.C. OIL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BOOKS, E.C. OIL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOOKS, E.C. OIL UNIT is an estimate of value, not an offer and not an appraisal.
How much income does BOOKS, E.C. OIL UNIT generate in a year?
BOOKS, E.C. OIL UNIT is forecast to net about $54K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BOOKS, E.C. OIL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BOOKS, E.C. OIL UNIT as filed with the Railroad Commission of Texas
OperatorCarrland Oil & Gas Inc.
FieldWilde Lake (FSLM)
CountyGlasscock County, Texas
RRC district08
Lease number29689
Wellbores1
Reported production162,005 bbl
First reported
Last reported
Estimated royalty value$284K

Where BOOKS, E.C. OIL 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.