CORNELIUS NORTH UNIT
CORNELIUS NORTH UNIT is a Texas oil lease in Haskell County, Railroad Commission district 7B, operated by Petex. It has 1 wellbore on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 48,682 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 $511K, with roughly $98K 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 134 barrels a month. Its strongest month on the record we hold was April 2017, at 496 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 CORNELIUS NORTH UNIT
- Who operates CORNELIUS NORTH UNIT?
- CORNELIUS NORTH UNIT is operated by Petex, Railroad Commission of Texas operator number 659782.
- Where is CORNELIUS NORTH UNIT?
- CORNELIUS NORTH UNIT is a Texas oil lease in Haskell County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30814.
- Is CORNELIUS NORTH UNIT still producing?
- CORNELIUS NORTH UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CORNELIUS NORTH UNIT is August 2026.
- How much has CORNELIUS NORTH UNIT produced?
- CORNELIUS NORTH UNIT has reported 48,682 barrels of oil (bbl) to the Railroad Commission of Texas between October 2011 and August 2026, from 1 wellbore.
- How much is CORNELIUS NORTH UNIT worth?
- The remaining production from CORNELIUS NORTH UNIT is estimated to be worth about $511K in total as of 27 August 2026, within a range of $398K to $623K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CORNELIUS NORTH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CORNELIUS NORTH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CORNELIUS NORTH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CORNELIUS NORTH UNIT generate in a year?
- CORNELIUS NORTH UNIT is forecast to net about $98K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CORNELIUS NORTH UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petex |
|---|---|
| Field | Just Red Dirt Reef (Palo Pinto) |
| County | Haskell County, Texas |
| RRC district | 7B |
| Lease number | 30814 |
| Wellbores | 1 |
| Reported production | 48,682 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $511K |
Where CORNELIUS NORTH 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.