NIX 83 UNIT

NIX 83 UNIT is a Texas oil lease in Hemphill County, Railroad Commission district 10, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from July 2015 to August 2026, totalling 19,452 barrels. The lease is intermittent. 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 $493K, with roughly $94K 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 110 barrels a month. Its strongest month on the record we hold was March 2025, at 773 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 NIX 83 UNIT

Who operates NIX 83 UNIT?
NIX 83 UNIT is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
Where is NIX 83 UNIT?
NIX 83 UNIT is a Texas oil lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09529.
Is NIX 83 UNIT still producing?
NIX 83 UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for NIX 83 UNIT is August 2026.
How much has NIX 83 UNIT produced?
NIX 83 UNIT has reported 19,452 barrels of oil (bbl) to the Railroad Commission of Texas between July 2015 and August 2026, from 1 wellbore.
How much is NIX 83 UNIT worth?
The remaining production from NIX 83 UNIT is estimated to be worth about $493K in total as of 27 August 2026, within a range of $385K to $602K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NIX 83 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NIX 83 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NIX 83 UNIT is an estimate of value, not an offer and not an appraisal.
How much income does NIX 83 UNIT generate in a year?
NIX 83 UNIT is forecast to net about $94K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NIX 83 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

NIX 83 UNIT as filed with the Railroad Commission of Texas
OperatorApache Corporation
FieldRenegade (Atoka)
CountyHemphill County, Texas
RRC district10
Lease number09529
Wellbores1
Reported production19,452 bbl
First reported
Last reported
Estimated royalty value$493K

Where NIX 83 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.