BEAR UNIT
BEAR UNIT is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Quail Ridge Operating LLC. It has 3 wellbores on file with the Commission. Reported production runs from April 2025 to August 2026, totalling 85,906 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 $366K, with roughly $358K 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 6,224 barrels a month, about 2,075 per wellbore. Its strongest month on the record we hold was June 2025, at 20,840 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 BEAR UNIT
- Who operates BEAR UNIT?
- BEAR UNIT is operated by Quail Ridge Operating LLC, Railroad Commission of Texas operator number 101237.
- Where is BEAR UNIT?
- BEAR UNIT is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 34380.
- Is BEAR UNIT still producing?
- BEAR UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEAR UNIT is August 2026.
- How much has BEAR UNIT produced?
- BEAR UNIT has reported 85,906 barrels of oil (bbl) to the Railroad Commission of Texas between April 2025 and August 2026, from 3 wellbores.
- How much is BEAR UNIT worth?
- The remaining production from BEAR UNIT is estimated to be worth about $366K in total as of 26 August 2026, within a range of $304K to $429K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEAR UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BEAR UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEAR UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BEAR UNIT generate in a year?
- BEAR UNIT is forecast to net about $358K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BEAR UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Quail Ridge Operating LLC |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 34380 |
| Wellbores | 3 |
| Reported production | 85,906 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $366K |
Where BEAR 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.