HANNES-WERNECKE UNIT
HANNES-WERNECKE UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from July 1993 to August 2026, totalling 140,384 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 $554K, 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 128 barrels a month. Its strongest month on the record we hold was September 2020, at 1,386 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 HANNES-WERNECKE UNIT
- Who operates HANNES-WERNECKE UNIT?
- HANNES-WERNECKE UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is HANNES-WERNECKE UNIT?
- HANNES-WERNECKE UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22151.
- Is HANNES-WERNECKE UNIT still producing?
- HANNES-WERNECKE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HANNES-WERNECKE UNIT is August 2026.
- How much has HANNES-WERNECKE UNIT produced?
- HANNES-WERNECKE UNIT has reported 140,384 barrels of oil (bbl) to the Railroad Commission of Texas between July 1993 and August 2026, from 1 wellbore.
- How much is HANNES-WERNECKE UNIT worth?
- The remaining production from HANNES-WERNECKE UNIT is estimated to be worth about $554K in total as of 26 August 2026, within a range of $432K to $676K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HANNES-WERNECKE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HANNES-WERNECKE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HANNES-WERNECKE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HANNES-WERNECKE UNIT generate in a year?
- HANNES-WERNECKE 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 HANNES-WERNECKE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 22151 |
| Wellbores | 1 |
| Reported production | 140,384 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $554K |
Where HANNES-WERNECKE 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.