PARK UNIT

PARK UNIT is a Texas oil lease in Hardeman County, Railroad Commission district 09, operated by Ampak Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from July 2008 to August 2026, totalling 69,371 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 $1K, with roughly $251 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 1 barrels a month. Its strongest month on the record we hold was May 2016, at 157 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 PARK UNIT

Who operates PARK UNIT?
PARK UNIT is operated by Ampak Oil Company, Railroad Commission of Texas operator number 020463.
Where is PARK UNIT?
PARK UNIT is a Texas oil lease in Hardeman County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31118.
Is PARK UNIT still producing?
PARK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARK UNIT is August 2026.
How much has PARK UNIT produced?
PARK UNIT has reported 69,371 barrels of oil (bbl) to the Railroad Commission of Texas between July 2008 and August 2026, from 1 wellbore.
How much is PARK UNIT worth?
The remaining production from PARK UNIT is estimated to be worth about $1K in total as of 26 August 2026, within a range of $0 to $3K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PARK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARK UNIT is an estimate of value, not an offer and not an appraisal.
How much income does PARK UNIT generate in a year?
PARK UNIT is forecast to net about $251 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARK UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PARK UNIT as filed with the Railroad Commission of Texas
OperatorAmpak Oil Company
FieldCrossroads (Strawn)
CountyHardeman County, Texas
RRC district09
Lease number31118
Wellbores1
Reported production69,371 bbl
First reported
Last reported
Estimated royalty value$1K

Where PARK 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.