HARRIS, T. B.
HARRIS, T. B. is a Texas oil lease in Gregg County, Railroad Commission district 6E, operated by Union Oil Company Of California. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 736,754 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 $308K, with roughly $58K 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 70 barrels a month, about 12 per wellbore. Its strongest month on the record we hold was December 2024, at 226 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 HARRIS, T. B.
- Who operates HARRIS, T. B.?
- HARRIS, T. B. is operated by Union Oil Company Of California, Railroad Commission of Texas operator number 876520.
- Where is HARRIS, T. B.?
- HARRIS, T. B. is a Texas oil lease in Gregg County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 07766.
- Is HARRIS, T. B. still producing?
- HARRIS, T. B. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARRIS, T. B. is August 2026.
- How much has HARRIS, T. B. produced?
- HARRIS, T. B. has reported 736,754 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is HARRIS, T. B. worth?
- The remaining production from HARRIS, T. B. is estimated to be worth about $308K in total as of 27 August 2026, within a range of $170K to $447K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARRIS, T. B. is a fraction of it. The estimate fits an Arps decline curve to the production HARRIS, T. B. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARRIS, T. B. is an estimate of value, not an offer and not an appraisal.
- How much income does HARRIS, T. B. generate in a year?
- HARRIS, T. B. is forecast to net about $58K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HARRIS, T. B. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Oil Company Of California |
|---|---|
| Field | East Texas |
| County | Gregg County, Texas |
| RRC district | 6E |
| Lease number | 07766 |
| Wellbores | 6 |
| Reported production | 736,754 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $308K |
Where HARRIS, T. B. 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.