WIEDERHOLD UNIT
WIEDERHOLD UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Penntex Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from October 2004 to August 2026, totalling 26,779 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 $35K, with roughly $7K 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 9 barrels a month. Its strongest month on the record we hold was December 2020, at 260 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 WIEDERHOLD UNIT
- Who operates WIEDERHOLD UNIT?
- WIEDERHOLD UNIT is operated by Penntex Petroleum Corporation, Railroad Commission of Texas operator number 652324.
- Where is WIEDERHOLD UNIT?
- WIEDERHOLD UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24615.
- Is WIEDERHOLD UNIT still producing?
- WIEDERHOLD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WIEDERHOLD UNIT is August 2026.
- How much has WIEDERHOLD UNIT produced?
- WIEDERHOLD UNIT has reported 26,779 barrels of oil (bbl) to the Railroad Commission of Texas between October 2004 and August 2026, from 1 wellbore.
- How much is WIEDERHOLD UNIT worth?
- The remaining production from WIEDERHOLD UNIT is estimated to be worth about $35K in total as of 26 August 2026, within a range of $0 to $71K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WIEDERHOLD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WIEDERHOLD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WIEDERHOLD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WIEDERHOLD UNIT generate in a year?
- WIEDERHOLD UNIT is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WIEDERHOLD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Penntex Petroleum Corporation |
|---|---|
| Field | Dime Box (Navarro) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 24615 |
| Wellbores | 1 |
| Reported production | 26,779 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $35K |
Where WIEDERHOLD 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.