DUBE UNIT

DUBE UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Tiza Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 8,930 barrels. The lease is intermittent. 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 $2K, with roughly $415 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 1 barrels a month. Its strongest month on the record we hold was May 2016, at 10 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 DUBE UNIT

Who operates DUBE UNIT?
DUBE UNIT is operated by Tiza Operating Company, Railroad Commission of Texas operator number 860852.
Where is DUBE UNIT?
DUBE UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 16685.
Is DUBE UNIT still producing?
DUBE UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for DUBE UNIT is August 2026.
How much has DUBE UNIT produced?
DUBE UNIT has reported 8,930 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is DUBE UNIT worth?
The remaining production from DUBE UNIT is estimated to be worth about $2K in total as of 26 August 2026, within a range of $0 to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DUBE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production DUBE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DUBE UNIT is an estimate of value, not an offer and not an appraisal.
How much income does DUBE UNIT generate in a year?
DUBE UNIT is forecast to net about $415 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DUBE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

DUBE UNIT as filed with the Railroad Commission of Texas
OperatorTiza Operating Company
FieldHooker Creek (Navarro A)
CountyLee County, Texas
RRC district03
Lease number16685
Wellbores1
Reported production8,930 bbl
First reported
Last reported
Estimated royalty value$2K

Where DUBE 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.