LEITKO UNIT
LEITKO UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by County Management, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 181,137 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 $719K, with roughly $115K 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 70 barrels a month, about 35 per wellbore. Its strongest month on the record we hold was July 2017, at 221 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 LEITKO UNIT
- Who operates LEITKO UNIT?
- LEITKO UNIT is operated by County Management, Inc., Railroad Commission of Texas operator number 182600.
- Where is LEITKO UNIT?
- LEITKO UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 18731.
- Is LEITKO UNIT still producing?
- LEITKO UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEITKO UNIT is August 2026.
- How much has LEITKO UNIT produced?
- LEITKO UNIT has reported 181,137 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is LEITKO UNIT worth?
- The remaining production from LEITKO UNIT is estimated to be worth about $719K in total as of 26 August 2026, within a range of $395K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEITKO UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LEITKO UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEITKO UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LEITKO UNIT generate in a year?
- LEITKO UNIT is forecast to net about $115K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEITKO UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | County Management, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 18731 |
| Wellbores | 2 |
| Reported production | 181,137 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $719K |
Where LEITKO 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.