SUTHERLAND UNIT
SUTHERLAND UNIT is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Stone, J. G. Oil Co. It has 2 wellbores on file with the Commission. Reported production runs from August 1997 to August 2026, totalling 11,435 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 $4K, with roughly $722 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 barrels a month. Its strongest month on the record we hold was September 2017, at 6 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SUTHERLAND UNIT
- Who operates SUTHERLAND UNIT?
- SUTHERLAND UNIT is operated by Stone, J. G. Oil Co., Railroad Commission of Texas operator number 823421.
- Where is SUTHERLAND UNIT?
- SUTHERLAND UNIT is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29391.
- Is SUTHERLAND UNIT still producing?
- SUTHERLAND UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SUTHERLAND UNIT is August 2026.
- How much has SUTHERLAND UNIT produced?
- SUTHERLAND UNIT has reported 11,435 barrels of oil (bbl) to the Railroad Commission of Texas between August 1997 and August 2026, from 2 wellbores.
- How much is SUTHERLAND UNIT worth?
- The remaining production from SUTHERLAND UNIT is estimated to be worth about $4K in total as of 26 August 2026, within a range of $0 to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SUTHERLAND UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SUTHERLAND UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SUTHERLAND UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SUTHERLAND UNIT generate in a year?
- SUTHERLAND UNIT is forecast to net about $722 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SUTHERLAND UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Stone, J. G. Oil Co. |
|---|---|
| Field | Park Springs (Congl.) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 29391 |
| Wellbores | 2 |
| Reported production | 11,435 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where SUTHERLAND 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.