BAKER UNIT
BAKER UNIT is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Wise Production Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2001 to August 2026, totalling 12,712 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 $107K, with roughly $21K 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 32 barrels a month. Its strongest month on the record we hold was August 2016, at 56 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BAKER UNIT
- Who operates BAKER UNIT?
- BAKER UNIT is operated by Wise Production Company, Railroad Commission of Texas operator number 933825.
- Where is BAKER UNIT?
- BAKER UNIT is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29972.
- Is BAKER UNIT still producing?
- BAKER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAKER UNIT is August 2026.
- How much has BAKER UNIT produced?
- BAKER UNIT has reported 12,712 barrels of oil (bbl) to the Railroad Commission of Texas between November 2001 and August 2026, from 1 wellbore.
- How much is BAKER UNIT worth?
- The remaining production from BAKER UNIT is estimated to be worth about $107K in total as of 26 August 2026, within a range of $59K to $155K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAKER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BAKER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAKER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BAKER UNIT generate in a year?
- BAKER UNIT is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BAKER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wise Production Company |
|---|---|
| Field | Dyemound, S. (Bend Conglomerate) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 29972 |
| Wellbores | 1 |
| Reported production | 12,712 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $107K |
Where BAKER 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.