AMOCO-YOUNG
AMOCO-YOUNG is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Texland-Rector & Schumacher. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 190,551 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 $475K, with roughly $91K 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 127 barrels a month, about 42 per wellbore. Its strongest month on the record we hold was May 2016, at 532 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 AMOCO-YOUNG
- Who operates AMOCO-YOUNG?
- AMOCO-YOUNG is operated by Texland-Rector & Schumacher, Railroad Commission of Texas operator number 849745.
- Where is AMOCO-YOUNG?
- AMOCO-YOUNG is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 03672.
- Is AMOCO-YOUNG still producing?
- AMOCO-YOUNG is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AMOCO-YOUNG is August 2026.
- How much has AMOCO-YOUNG produced?
- AMOCO-YOUNG has reported 190,551 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is AMOCO-YOUNG worth?
- The remaining production from AMOCO-YOUNG is estimated to be worth about $475K in total as of 26 August 2026, within a range of $371K to $580K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AMOCO-YOUNG is a fraction of it. The estimate fits an Arps decline curve to the production AMOCO-YOUNG has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AMOCO-YOUNG is an estimate of value, not an offer and not an appraisal.
- How much income does AMOCO-YOUNG generate in a year?
- AMOCO-YOUNG is forecast to net about $91K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AMOCO-YOUNG receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texland-Rector & Schumacher |
|---|---|
| Field | Levelland |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 03672 |
| Wellbores | 3 |
| Reported production | 190,551 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $475K |
Where AMOCO-YOUNG 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.