BILLY DIXON UNIT
BILLY DIXON UNIT is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Eog Resources, Inc. It has 3 wellbores on file with the Commission. Reported production runs from April 2019 to August 2026, totalling 1,421,810 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 $24.1M, with roughly $5.3M 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 7,738 barrels a month, about 2,579 per wellbore. Its strongest month on the record we hold was May 2019, at 125,495 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 BILLY DIXON UNIT
- Who operates BILLY DIXON UNIT?
- BILLY DIXON UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is BILLY DIXON UNIT?
- BILLY DIXON UNIT is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52623.
- Is BILLY DIXON UNIT still producing?
- BILLY DIXON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BILLY DIXON UNIT is August 2026.
- How much has BILLY DIXON UNIT produced?
- BILLY DIXON UNIT has reported 1,421,810 barrels of oil (bbl) to the Railroad Commission of Texas between April 2019 and August 2026, from 3 wellbores.
- How much is BILLY DIXON UNIT worth?
- The remaining production from BILLY DIXON UNIT is estimated to be worth about $24.1M in total as of 26 August 2026, within a range of $20.0M to $28.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BILLY DIXON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BILLY DIXON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BILLY DIXON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BILLY DIXON UNIT generate in a year?
- BILLY DIXON UNIT is forecast to net about $5.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BILLY DIXON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 52623 |
| Wellbores | 3 |
| Reported production | 1,421,810 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $24.1M |
Where BILLY DIXON 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.