HANDY UNIT
HANDY UNIT is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Texaco E & P Inc. It has 18 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 130,930 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 $450K, with roughly $228K 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 380 barrels a month, about 21 per wellbore. Its strongest month on the record we hold was October 2019, at 1,222 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 HANDY UNIT
- Who operates HANDY UNIT?
- HANDY UNIT is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is HANDY UNIT?
- HANDY UNIT is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 12452.
- Is HANDY UNIT still producing?
- HANDY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HANDY UNIT is August 2026.
- How much has HANDY UNIT produced?
- HANDY UNIT has reported 130,930 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 18 wellbores.
- How much is HANDY UNIT worth?
- The remaining production from HANDY UNIT is estimated to be worth about $450K in total as of 26 August 2026, within a range of $351K to $549K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HANDY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HANDY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HANDY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HANDY UNIT generate in a year?
- HANDY UNIT is forecast to net about $228K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HANDY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Handy, Southeast (H-3 Sand) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 12452 |
| Wellbores | 18 |
| Reported production | 130,930 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $450K |
Where HANDY 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.