WOLF-SIMPSON UNIT
WOLF-SIMPSON UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 181,896 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 $994K, with roughly $321K 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 565 barrels a month, about 283 per wellbore. Its strongest month on the record we hold was October 2022, at 1,495 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 WOLF-SIMPSON UNIT
- Who operates WOLF-SIMPSON UNIT?
- WOLF-SIMPSON UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is WOLF-SIMPSON UNIT?
- WOLF-SIMPSON UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 14814.
- Is WOLF-SIMPSON UNIT still producing?
- WOLF-SIMPSON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WOLF-SIMPSON UNIT is August 2026.
- How much has WOLF-SIMPSON UNIT produced?
- WOLF-SIMPSON UNIT has reported 181,896 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is WOLF-SIMPSON UNIT worth?
- The remaining production from WOLF-SIMPSON UNIT is estimated to be worth about $994K in total as of 26 August 2026, within a range of $775K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WOLF-SIMPSON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WOLF-SIMPSON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WOLF-SIMPSON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WOLF-SIMPSON UNIT generate in a year?
- WOLF-SIMPSON UNIT is forecast to net about $321K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WOLF-SIMPSON 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 | 14814 |
| Wellbores | 2 |
| Reported production | 181,896 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $994K |
Where WOLF-SIMPSON 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.