UNGER OL UNIT
UNGER OL 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 May 1993 to August 2026, totalling 329,800 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 $215K, with roughly $40K 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 52 barrels a month. Its strongest month on the record we hold was January 2019, at 183 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 UNGER OL UNIT
- Who operates UNGER OL UNIT?
- UNGER OL UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is UNGER OL UNIT?
- UNGER OL UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22073.
- Is UNGER OL UNIT still producing?
- UNGER OL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNGER OL UNIT is August 2026.
- How much has UNGER OL UNIT produced?
- UNGER OL UNIT has reported 329,800 barrels of oil (bbl) to the Railroad Commission of Texas between May 1993 and August 2026, from 1 wellbore.
- How much is UNGER OL UNIT worth?
- The remaining production from UNGER OL UNIT is estimated to be worth about $215K in total as of 26 August 2026, within a range of $118K to $312K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNGER OL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production UNGER 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 UNGER OL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does UNGER OL UNIT generate in a year?
- UNGER OL UNIT is forecast to net about $40K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNGER 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 | 22073 |
| Wellbores | 1 |
| Reported production | 329,800 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $215K |
Where UNGER 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.