NORTH NENA LUCIA UNIT
NORTH NENA LUCIA UNIT is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by Wagner, Duer & Co. It has 107 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,273,547 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 $3.7M, with roughly $759K 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 1,006 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was October 2016, at 3,338 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 NORTH NENA LUCIA UNIT
- Who operates NORTH NENA LUCIA UNIT?
- NORTH NENA LUCIA UNIT is operated by Wagner, Duer & Co., Railroad Commission of Texas operator number 890990.
- Where is NORTH NENA LUCIA UNIT?
- NORTH NENA LUCIA UNIT is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 08749.
- Is NORTH NENA LUCIA UNIT still producing?
- NORTH NENA LUCIA UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORTH NENA LUCIA UNIT is August 2026.
- How much has NORTH NENA LUCIA UNIT produced?
- NORTH NENA LUCIA UNIT has reported 1,273,547 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 107 wellbores.
- How much is NORTH NENA LUCIA UNIT worth?
- The remaining production from NORTH NENA LUCIA UNIT is estimated to be worth about $3.7M in total as of 27 August 2026, within a range of $3.0M to $4.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORTH NENA LUCIA UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NORTH NENA LUCIA UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORTH NENA LUCIA UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NORTH NENA LUCIA UNIT generate in a year?
- NORTH NENA LUCIA UNIT is forecast to net about $759K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NORTH NENA LUCIA UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wagner, Duer & Co. |
|---|---|
| Field | Nena Lucia (Strawn Reef) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 08749 |
| Wellbores | 107 |
| Reported production | 1,273,547 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.7M |
Where NORTH NENA LUCIA 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.