NO BISCUIT UNIT 274-273
NO BISCUIT UNIT 274-273 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Greenlake Energy Operating, LLC. It has 6 wellbores on file with the Commission. Reported production runs from December 2023 to August 2026, totalling 1,532,669 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 $38.3M, with roughly $21.4M 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 43,871 barrels a month, about 7,312 per wellbore. Its strongest month on the record we hold was June 2024, at 98,896 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 NO BISCUIT UNIT 274-273
- Who operates NO BISCUIT UNIT 274-273?
- NO BISCUIT UNIT 274-273 is operated by Greenlake Energy Operating, LLC, Railroad Commission of Texas operator number 331448.
- Where is NO BISCUIT UNIT 274-273?
- NO BISCUIT UNIT 274-273 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 61119.
- Is NO BISCUIT UNIT 274-273 still producing?
- NO BISCUIT UNIT 274-273 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NO BISCUIT UNIT 274-273 is August 2026.
- How much has NO BISCUIT UNIT 274-273 produced?
- NO BISCUIT UNIT 274-273 has reported 1,532,669 barrels of oil (bbl) to the Railroad Commission of Texas between December 2023 and August 2026, from 6 wellbores.
- How much is NO BISCUIT UNIT 274-273 worth?
- The remaining production from NO BISCUIT UNIT 274-273 is estimated to be worth about $38.3M in total as of 27 August 2026, within a range of $31.4M to $45.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NO BISCUIT UNIT 274-273 is a fraction of it. The estimate fits an Arps decline curve to the production NO BISCUIT UNIT 274-273 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NO BISCUIT UNIT 274-273 is an estimate of value, not an offer and not an appraisal.
- How much income does NO BISCUIT UNIT 274-273 generate in a year?
- NO BISCUIT UNIT 274-273 is forecast to net about $21.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NO BISCUIT UNIT 274-273 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Greenlake Energy Operating, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 61119 |
| Wellbores | 6 |
| Reported production | 1,532,669 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $38.3M |
Where NO BISCUIT UNIT 274-273 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.