WARREN UNIT
WARREN UNIT is a Texas oil lease in King County, Railroad Commission district 8A, operated by Schalk Oil Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2007 to August 2026, totalling 38,691 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 $587K, with roughly $113K 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 166 barrels a month. Its strongest month on the record we hold was August 2016, at 374 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 WARREN UNIT
- Who operates WARREN UNIT?
- WARREN UNIT is operated by Schalk Oil Company, Inc., Railroad Commission of Texas operator number 750400.
- Where is WARREN UNIT?
- WARREN UNIT is a Texas oil lease in King County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69121.
- Is WARREN UNIT still producing?
- WARREN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WARREN UNIT is August 2026.
- How much has WARREN UNIT produced?
- WARREN UNIT has reported 38,691 barrels of oil (bbl) to the Railroad Commission of Texas between May 2007 and August 2026, from 1 wellbore.
- How much is WARREN UNIT worth?
- The remaining production from WARREN UNIT is estimated to be worth about $587K in total as of 26 August 2026, within a range of $457K to $716K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WARREN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WARREN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WARREN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WARREN UNIT generate in a year?
- WARREN UNIT is forecast to net about $113K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WARREN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Schalk Oil Company, Inc. |
|---|---|
| Field | Tumbleweed, Ne. (Tannehill) |
| County | King County, Texas |
| RRC district | 8A |
| Lease number | 69121 |
| Wellbores | 1 |
| Reported production | 38,691 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $587K |
Where WARREN 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.