TEN-SUN UNIT
TEN-SUN UNIT is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Seagull Midcon Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 700 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 $38K, with roughly $7K 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 9 barrels a month. Its strongest month on the record we hold was May 2020, at 10 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 TEN-SUN UNIT
- Who operates TEN-SUN UNIT?
- TEN-SUN UNIT is operated by Seagull Midcon Inc., Railroad Commission of Texas operator number 761707.
- Where is TEN-SUN UNIT?
- TEN-SUN UNIT is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 06547.
- Is TEN-SUN UNIT still producing?
- TEN-SUN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEN-SUN UNIT is August 2026.
- How much has TEN-SUN UNIT produced?
- TEN-SUN UNIT has reported 700 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is TEN-SUN UNIT worth?
- The remaining production from TEN-SUN UNIT is estimated to be worth about $38K in total as of 26 August 2026, within a range of $0 to $75K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEN-SUN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production TEN-SUN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEN-SUN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does TEN-SUN UNIT generate in a year?
- TEN-SUN UNIT is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEN-SUN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seagull Midcon Inc. |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 06547 |
| Wellbores | 1 |
| Reported production | 700 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $38K |
Where TEN-SUN 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.