EQUALITY UNIT
EQUALITY UNIT is a Texas oil lease in Nolan County, Railroad Commission district 08, operated by Cholla Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2021 to August 2026, totalling 169,369 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 $755K, with roughly $231K 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 389 barrels a month. Its strongest month on the record we hold was October 2021, at 19,487 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 EQUALITY UNIT
- Who operates EQUALITY UNIT?
- EQUALITY UNIT is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is EQUALITY UNIT?
- EQUALITY UNIT is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56427.
- Is EQUALITY UNIT still producing?
- EQUALITY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EQUALITY UNIT is August 2026.
- How much has EQUALITY UNIT produced?
- EQUALITY UNIT has reported 169,369 barrels of oil (bbl) to the Railroad Commission of Texas between August 2021 and August 2026, from 1 wellbore.
- How much is EQUALITY UNIT worth?
- The remaining production from EQUALITY UNIT is estimated to be worth about $755K in total as of 26 August 2026, within a range of $589K to $921K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EQUALITY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production EQUALITY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EQUALITY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does EQUALITY UNIT generate in a year?
- EQUALITY UNIT is forecast to net about $231K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EQUALITY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Nolan County, Texas |
| RRC district | 08 |
| Lease number | 56427 |
| Wellbores | 1 |
| Reported production | 169,369 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $755K |
Where EQUALITY 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.