CARTWRIGHT-MOORE UNIT
CARTWRIGHT-MOORE UNIT is a Texas oil lease in Milam County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from June 1997 to August 2026, totalling 272,654 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 $1.1M, with roughly $288K 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 439 barrels a month. Its strongest month on the record we hold was January 2022, at 996 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CARTWRIGHT-MOORE UNIT
- Who operates CARTWRIGHT-MOORE UNIT?
- CARTWRIGHT-MOORE UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is CARTWRIGHT-MOORE UNIT?
- CARTWRIGHT-MOORE UNIT is a Texas oil lease in Milam County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 23302.
- Is CARTWRIGHT-MOORE UNIT still producing?
- CARTWRIGHT-MOORE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARTWRIGHT-MOORE UNIT is August 2026.
- How much has CARTWRIGHT-MOORE UNIT produced?
- CARTWRIGHT-MOORE UNIT has reported 272,654 barrels of oil (bbl) to the Railroad Commission of Texas between June 1997 and August 2026, from 1 wellbore.
- How much is CARTWRIGHT-MOORE UNIT worth?
- The remaining production from CARTWRIGHT-MOORE UNIT is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $822K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARTWRIGHT-MOORE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CARTWRIGHT-MOORE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARTWRIGHT-MOORE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CARTWRIGHT-MOORE UNIT generate in a year?
- CARTWRIGHT-MOORE UNIT is forecast to net about $288K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARTWRIGHT-MOORE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Milam County, Texas |
| RRC district | 03 |
| Lease number | 23302 |
| Wellbores | 1 |
| Reported production | 272,654 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where CARTWRIGHT-MOORE 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.