LEHMANN HEIRS OL UNIT
LEHMANN HEIRS OL UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 3 wellbores on file with the Commission. Reported production runs from July 1993 to August 2026, totalling 783,682 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 $6.2M, with roughly $2.0M 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 3,099 barrels a month, about 1,033 per wellbore. Its strongest month on the record we hold was December 2019, at 27,034 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 LEHMANN HEIRS OL UNIT
- Who operates LEHMANN HEIRS OL UNIT?
- LEHMANN HEIRS OL UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is LEHMANN HEIRS OL UNIT?
- LEHMANN HEIRS OL UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22110.
- Is LEHMANN HEIRS OL UNIT still producing?
- LEHMANN HEIRS OL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEHMANN HEIRS OL UNIT is August 2026.
- How much has LEHMANN HEIRS OL UNIT produced?
- LEHMANN HEIRS OL UNIT has reported 783,682 barrels of oil (bbl) to the Railroad Commission of Texas between July 1993 and August 2026, from 3 wellbores.
- How much is LEHMANN HEIRS OL UNIT worth?
- The remaining production from LEHMANN HEIRS OL UNIT is estimated to be worth about $6.2M in total as of 26 August 2026, within a range of $5.1M to $7.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEHMANN HEIRS OL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LEHMANN HEIRS OL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEHMANN HEIRS OL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LEHMANN HEIRS OL UNIT generate in a year?
- LEHMANN HEIRS OL UNIT is forecast to net about $2.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEHMANN HEIRS OL 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 | 22110 |
| Wellbores | 3 |
| Reported production | 783,682 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.2M |
Where LEHMANN HEIRS OL 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.