SIDES UNIT
SIDES UNIT is a Texas oil lease in Lubbock County, Railroad Commission district 8A, operated by Merit Energy Company. It has 57 wellbores on file with the Commission. Reported production runs from August 2006 to August 2026, totalling 834,818 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 $6.1M, with roughly $1.4M 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 1,942 barrels a month, about 34 per wellbore. Its strongest month on the record we hold was June 2016, at 4,470 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 SIDES UNIT
- Who operates SIDES UNIT?
- SIDES UNIT is operated by Merit Energy Company, Railroad Commission of Texas operator number 561136.
- Where is SIDES UNIT?
- SIDES UNIT is a Texas oil lease in Lubbock County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68955.
- Is SIDES UNIT still producing?
- SIDES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SIDES UNIT is August 2026.
- How much has SIDES UNIT produced?
- SIDES UNIT has reported 834,818 barrels of oil (bbl) to the Railroad Commission of Texas between August 2006 and August 2026, from 57 wellbores.
- How much is SIDES UNIT worth?
- The remaining production from SIDES UNIT is estimated to be worth about $6.1M in total as of 26 August 2026, within a range of $5.0M to $7.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SIDES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SIDES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SIDES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SIDES UNIT generate in a year?
- SIDES UNIT is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SIDES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Merit Energy Company |
|---|---|
| Field | Lee Harrison |
| County | Lubbock County, Texas |
| RRC district | 8A |
| Lease number | 68955 |
| Wellbores | 57 |
| Reported production | 834,818 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.1M |
Where SIDES 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.