DROGON UNIT 2
DROGON UNIT 2 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Xto Energy Inc. It has 2 wellbores on file with the Commission. Reported production runs from May 2024 to August 2026, totalling 217,452 barrels. The lease is intermittent. 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 $9.1M, with roughly $3.4M 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 9,463 barrels a month, about 4,732 per wellbore. Its strongest month on the record we hold was January 2025, at 27,196 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 DROGON UNIT 2
- Who operates DROGON UNIT 2?
- DROGON UNIT 2 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is DROGON UNIT 2?
- DROGON UNIT 2 is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 61441.
- Is DROGON UNIT 2 still producing?
- DROGON UNIT 2 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for DROGON UNIT 2 is August 2026.
- How much has DROGON UNIT 2 produced?
- DROGON UNIT 2 has reported 217,452 barrels of oil (bbl) to the Railroad Commission of Texas between May 2024 and August 2026, from 2 wellbores.
- How much is DROGON UNIT 2 worth?
- The remaining production from DROGON UNIT 2 is estimated to be worth about $9.1M in total as of 26 August 2026, within a range of $7.5M to $10.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DROGON UNIT 2 is a fraction of it. The estimate fits an Arps decline curve to the production DROGON UNIT 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DROGON UNIT 2 is an estimate of value, not an offer and not an appraisal.
- How much income does DROGON UNIT 2 generate in a year?
- DROGON UNIT 2 is forecast to net about $3.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DROGON UNIT 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 61441 |
| Wellbores | 2 |
| Reported production | 217,452 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.1M |
Where DROGON UNIT 2 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.