CLOSS-RULAND UNIT
CLOSS-RULAND UNIT is a Texas oil lease in Robertson County, Railroad Commission district 03, operated by Encana Oil & Gas(USA) Inc. It has 2 wellbores on file with the Commission. Reported production runs from May 2013 to August 2026, totalling 305,293 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 $5.1M, with roughly $1.3M 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 1,962 barrels a month, about 981 per wellbore. Its strongest month on the record we hold was August 2024, at 2,692 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 CLOSS-RULAND UNIT
- Who operates CLOSS-RULAND UNIT?
- CLOSS-RULAND UNIT is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is CLOSS-RULAND UNIT?
- CLOSS-RULAND UNIT is a Texas oil lease in Robertson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26368.
- Is CLOSS-RULAND UNIT still producing?
- CLOSS-RULAND UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLOSS-RULAND UNIT is August 2026.
- How much has CLOSS-RULAND UNIT produced?
- CLOSS-RULAND UNIT has reported 305,293 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 2 wellbores.
- How much is CLOSS-RULAND UNIT worth?
- The remaining production from CLOSS-RULAND UNIT is estimated to be worth about $5.1M in total as of 26 August 2026, within a range of $4.2M to $5.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLOSS-RULAND UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CLOSS-RULAND UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLOSS-RULAND UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CLOSS-RULAND UNIT generate in a year?
- CLOSS-RULAND UNIT is forecast to net about $1.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLOSS-RULAND UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Robertson County, Texas |
| RRC district | 03 |
| Lease number | 26368 |
| Wellbores | 2 |
| Reported production | 305,293 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.1M |
Where CLOSS-RULAND 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.