LEMUR UNIT 24
LEMUR UNIT 24 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Patriot Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2014 to August 2026, totalling 315,551 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 $924K, with roughly $293K 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 550 barrels a month. Its strongest month on the record we hold was April 2017, at 4,713 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 LEMUR UNIT 24
- Who operates LEMUR UNIT 24?
- LEMUR UNIT 24 is operated by Patriot Resources, Inc., Railroad Commission of Texas operator number 643401.
- Where is LEMUR UNIT 24?
- LEMUR UNIT 24 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45948.
- Is LEMUR UNIT 24 still producing?
- LEMUR UNIT 24 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEMUR UNIT 24 is August 2026.
- How much has LEMUR UNIT 24 produced?
- LEMUR UNIT 24 has reported 315,551 barrels of oil (bbl) to the Railroad Commission of Texas between May 2014 and August 2026, from 1 wellbore.
- How much is LEMUR UNIT 24 worth?
- The remaining production from LEMUR UNIT 24 is estimated to be worth about $924K in total as of 27 August 2026, within a range of $721K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEMUR UNIT 24 is a fraction of it. The estimate fits an Arps decline curve to the production LEMUR UNIT 24 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEMUR UNIT 24 is an estimate of value, not an offer and not an appraisal.
- How much income does LEMUR UNIT 24 generate in a year?
- LEMUR UNIT 24 is forecast to net about $293K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEMUR UNIT 24 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patriot Resources, Inc. |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 45948 |
| Wellbores | 1 |
| Reported production | 315,551 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $924K |
Where LEMUR UNIT 24 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.