DROEMER UNIT
DROEMER UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Sage Energy Company. It has 7 wellbores on file with the Commission. Reported production runs from February 1994 to August 2026, totalling 192,935 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 $733K, with roughly $131K 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 152 barrels a month, about 22 per wellbore. Its strongest month on the record we hold was March 2025, at 276 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 DROEMER UNIT
- Who operates DROEMER UNIT?
- DROEMER UNIT is operated by Sage Energy Company, Railroad Commission of Texas operator number 743215.
- Where is DROEMER UNIT?
- DROEMER UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22315.
- Is DROEMER UNIT still producing?
- DROEMER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DROEMER UNIT is August 2026.
- How much has DROEMER UNIT produced?
- DROEMER UNIT has reported 192,935 barrels of oil (bbl) to the Railroad Commission of Texas between February 1994 and August 2026, from 7 wellbores.
- How much is DROEMER UNIT worth?
- The remaining production from DROEMER UNIT is estimated to be worth about $733K in total as of 26 August 2026, within a range of $572K to $894K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DROEMER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production DROEMER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DROEMER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does DROEMER UNIT generate in a year?
- DROEMER UNIT is forecast to net about $131K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DROEMER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sage Energy Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 22315 |
| Wellbores | 7 |
| Reported production | 192,935 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $733K |
Where DROEMER 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.