DRESDEN UNIT
DRESDEN UNIT is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Moriah Operating,LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2025 to August 2026, totalling 130,137 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 $10.5M, with roughly $5.4M 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 11,211 barrels a month. Its strongest month on the record we hold was August 2025, at 18,158 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 DRESDEN UNIT
- Who operates DRESDEN UNIT?
- DRESDEN UNIT is operated by Moriah Operating,LLC, Railroad Commission of Texas operator number 586557.
- Where is DRESDEN UNIT?
- DRESDEN UNIT is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 23265.
- Is DRESDEN UNIT still producing?
- DRESDEN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DRESDEN UNIT is August 2026.
- How much has DRESDEN UNIT produced?
- DRESDEN UNIT has reported 130,137 barrels of oil (bbl) to the Railroad Commission of Texas between June 2025 and August 2026, from 1 wellbore.
- How much is DRESDEN UNIT worth?
- The remaining production from DRESDEN UNIT is estimated to be worth about $10.5M in total as of 26 August 2026, within a range of $8.6M to $12.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DRESDEN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production DRESDEN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DRESDEN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does DRESDEN UNIT generate in a year?
- DRESDEN UNIT is forecast to net about $5.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DRESDEN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Moriah Operating,LLC |
|---|---|
| Field | June Ann (Pennsylvanian) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 23265 |
| Wellbores | 1 |
| Reported production | 130,137 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.5M |
Where DRESDEN 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.