RUSSELL "B"
RUSSELL "B" is a Texas oil lease in Roberts County, Railroad Commission district 10, operated by Unit Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2011 to August 2026, totalling 20,827 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 $664K, with roughly $90K 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 20 barrels a month. Its strongest month on the record we hold was July 2016, at 213 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 RUSSELL "B"
- Who operates RUSSELL "B"?
- RUSSELL "B" is operated by Unit Petroleum Company, Railroad Commission of Texas operator number 877099.
- Where is RUSSELL "B"?
- RUSSELL "B" is a Texas oil lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08656.
- Is RUSSELL "B" still producing?
- RUSSELL "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RUSSELL "B" is August 2026.
- How much has RUSSELL "B" produced?
- RUSSELL "B" has reported 20,827 barrels of oil (bbl) to the Railroad Commission of Texas between June 2011 and August 2026, from 1 wellbore.
- How much is RUSSELL "B" worth?
- The remaining production from RUSSELL "B" is estimated to be worth about $664K in total as of 26 August 2026, within a range of $365K to $963K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RUSSELL "B" is a fraction of it. The estimate fits an Arps decline curve to the production RUSSELL "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RUSSELL "B" is an estimate of value, not an offer and not an appraisal.
- How much income does RUSSELL "B" generate in a year?
- RUSSELL "B" is forecast to net about $90K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RUSSELL "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Unit Petroleum Company |
|---|---|
| Field | Rasor (Morrow, Lower) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 08656 |
| Wellbores | 1 |
| Reported production | 20,827 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $664K |
Where RUSSELL "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.