FAIREY UNIT
FAIREY UNIT is a Texas oil lease in Lavaca County, Railroad Commission district 02, operated by Sabine Oil & Gas LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 120,229 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 $478K, with roughly $92K 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 116 barrels a month. Its strongest month on the record we hold was May 2016, at 1,484 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 FAIREY UNIT
- Who operates FAIREY UNIT?
- FAIREY UNIT is operated by Sabine Oil & Gas LLC, Railroad Commission of Texas operator number 742142.
- Where is FAIREY UNIT?
- FAIREY UNIT is a Texas oil lease in Lavaca County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10963.
- Is FAIREY UNIT still producing?
- FAIREY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FAIREY UNIT is August 2026.
- How much has FAIREY UNIT produced?
- FAIREY UNIT has reported 120,229 barrels of oil (bbl) to the Railroad Commission of Texas between October 2014 and August 2026, from 1 wellbore.
- How much is FAIREY UNIT worth?
- The remaining production from FAIREY UNIT is estimated to be worth about $478K in total as of 27 August 2026, within a range of $373K to $584K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FAIREY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FAIREY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FAIREY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FAIREY UNIT generate in a year?
- FAIREY UNIT is forecast to net about $92K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FAIREY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sabine Oil & Gas LLC |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Lavaca County, Texas |
| RRC district | 02 |
| Lease number | 10963 |
| Wellbores | 1 |
| Reported production | 120,229 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $478K |
Where FAIREY 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.