YATES UNIT
YATES UNIT is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Patriot Resources, Inc. It has 4 wellbores on file with the Commission. Reported production runs from July 2009 to August 2026, totalling 201,365 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 $538K, with roughly $392K 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 1,215 barrels a month, about 304 per wellbore. Its strongest month on the record we hold was January 2025, at 4,104 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 YATES UNIT
- Who operates YATES UNIT?
- YATES UNIT is operated by Patriot Resources, Inc., Railroad Commission of Texas operator number 643401.
- Where is YATES UNIT?
- YATES UNIT is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39619.
- Is YATES UNIT still producing?
- YATES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for YATES UNIT is August 2026.
- How much has YATES UNIT produced?
- YATES UNIT has reported 201,365 barrels of oil (bbl) to the Railroad Commission of Texas between July 2009 and August 2026, from 4 wellbores.
- How much is YATES UNIT worth?
- The remaining production from YATES UNIT is estimated to be worth about $538K in total as of 26 August 2026, within a range of $447K to $630K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in YATES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production YATES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for YATES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does YATES UNIT generate in a year?
- YATES UNIT is forecast to net about $392K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in YATES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patriot Resources, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 39619 |
| Wellbores | 4 |
| Reported production | 201,365 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $538K |
Where YATES 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.