UNION CENT. -B-
UNION CENT. -B- is a Texas oil lease in Nueces County, Railroad Commission district 04, operated by Austin Resources Corporation. It has 1 wellbore on file with the Commission. Reported production runs from October 1999 to August 2026, totalling 28,905 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 $291K, with roughly $56K 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 70 barrels a month. Its strongest month on the record we hold was February 2022, at 170 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 UNION CENT. -B-
- Who operates UNION CENT. -B-?
- UNION CENT. -B- is operated by Austin Resources Corporation, Railroad Commission of Texas operator number 037057.
- Where is UNION CENT. -B-?
- UNION CENT. -B- is a Texas oil lease in Nueces County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 12872.
- Is UNION CENT. -B- still producing?
- UNION CENT. -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UNION CENT. -B- is August 2026.
- How much has UNION CENT. -B- produced?
- UNION CENT. -B- has reported 28,905 barrels of oil (bbl) to the Railroad Commission of Texas between October 1999 and August 2026, from 1 wellbore.
- How much is UNION CENT. -B- worth?
- The remaining production from UNION CENT. -B- is estimated to be worth about $291K in total as of 26 August 2026, within a range of $160K to $422K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UNION CENT. -B- is a fraction of it. The estimate fits an Arps decline curve to the production UNION CENT. -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UNION CENT. -B- is an estimate of value, not an offer and not an appraisal.
- How much income does UNION CENT. -B- generate in a year?
- UNION CENT. -B- is forecast to net about $56K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UNION CENT. -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Austin Resources Corporation |
|---|---|
| Field | Stratton (Consolidated) |
| County | Nueces County, Texas |
| RRC district | 04 |
| Lease number | 12872 |
| Wellbores | 1 |
| Reported production | 28,905 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $291K |
Where UNION CENT. -B- 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.