RAILROAD UNIT
RAILROAD UNIT is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by Hale Oil & Gas Properties. It has 2 wellbores on file with the Commission. Reported production runs from April 1994 to August 2026, totalling 199,994 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 $536K, with roughly $103K 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 140 barrels a month, about 70 per wellbore. Its strongest month on the record we hold was February 2018, at 533 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 RAILROAD UNIT
- Who operates RAILROAD UNIT?
- RAILROAD UNIT is operated by Hale Oil & Gas Properties, Railroad Commission of Texas operator number 345175.
- Where is RAILROAD UNIT?
- RAILROAD UNIT is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 27153.
- Is RAILROAD UNIT still producing?
- RAILROAD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAILROAD UNIT is August 2026.
- How much has RAILROAD UNIT produced?
- RAILROAD UNIT has reported 199,994 barrels of oil (bbl) to the Railroad Commission of Texas between April 1994 and August 2026, from 2 wellbores.
- How much is RAILROAD UNIT worth?
- The remaining production from RAILROAD UNIT is estimated to be worth about $536K in total as of 26 August 2026, within a range of $418K to $654K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAILROAD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RAILROAD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAILROAD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RAILROAD UNIT generate in a year?
- RAILROAD UNIT is forecast to net about $103K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RAILROAD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hale Oil & Gas Properties |
|---|---|
| Field | Alyssa-Sadie (Canyon Reef) |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 27153 |
| Wellbores | 2 |
| Reported production | 199,994 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $536K |
Where RAILROAD 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.