LUNA UNIT
LUNA UNIT is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 4 wellbores on file with the Commission. Reported production runs from November 2020 to August 2026, totalling 1,723,890 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 $30.0M, with roughly $8.3M 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 10,781 barrels a month, about 2,695 per wellbore. Its strongest month on the record we hold was June 2021, at 156,432 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 LUNA UNIT
- Who operates LUNA UNIT?
- LUNA UNIT is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is LUNA UNIT?
- LUNA UNIT is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55666.
- Is LUNA UNIT still producing?
- LUNA UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LUNA UNIT is August 2026.
- How much has LUNA UNIT produced?
- LUNA UNIT has reported 1,723,890 barrels of oil (bbl) to the Railroad Commission of Texas between November 2020 and August 2026, from 4 wellbores.
- How much is LUNA UNIT worth?
- The remaining production from LUNA UNIT is estimated to be worth about $30.0M in total as of 27 August 2026, within a range of $24.6M to $35.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LUNA UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LUNA UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LUNA UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LUNA UNIT generate in a year?
- LUNA UNIT is forecast to net about $8.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LUNA UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ovintiv USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 55666 |
| Wellbores | 4 |
| Reported production | 1,723,890 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $30.0M |
Where LUNA 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.