ATKINS 47-02 UNIT 2
ATKINS 47-02 UNIT 2 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Xto Energy Inc. It has 14 wellbores on file with the Commission. Reported production runs from April 2020 to August 2026, totalling 3,632,012 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 $45.7M, with roughly $10.6M 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 11,120 barrels a month, about 794 per wellbore. Its strongest month on the record we hold was March 2021, at 386,166 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 ATKINS 47-02 UNIT 2
- Who operates ATKINS 47-02 UNIT 2?
- ATKINS 47-02 UNIT 2 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is ATKINS 47-02 UNIT 2?
- ATKINS 47-02 UNIT 2 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54784.
- Is ATKINS 47-02 UNIT 2 still producing?
- ATKINS 47-02 UNIT 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ATKINS 47-02 UNIT 2 is August 2026.
- How much has ATKINS 47-02 UNIT 2 produced?
- ATKINS 47-02 UNIT 2 has reported 3,632,012 barrels of oil (bbl) to the Railroad Commission of Texas between April 2020 and August 2026, from 14 wellbores.
- How much is ATKINS 47-02 UNIT 2 worth?
- The remaining production from ATKINS 47-02 UNIT 2 is estimated to be worth about $45.7M in total as of 27 August 2026, within a range of $37.5M to $54.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ATKINS 47-02 UNIT 2 is a fraction of it. The estimate fits an Arps decline curve to the production ATKINS 47-02 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 ATKINS 47-02 UNIT 2 is an estimate of value, not an offer and not an appraisal.
- How much income does ATKINS 47-02 UNIT 2 generate in a year?
- ATKINS 47-02 UNIT 2 is forecast to net about $10.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ATKINS 47-02 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 | Midland County, Texas |
| RRC district | 08 |
| Lease number | 54784 |
| Wellbores | 14 |
| Reported production | 3,632,012 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $45.7M |
Where ATKINS 47-02 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.