OVERTON, E. (WOODBINE) UNIT
OVERTON, E. (WOODBINE) UNIT is a Texas oil lease in Rusk County, Railroad Commission district 06, operated by Palmer Petroleum Inc. It has 9 wellbores on file with the Commission. Reported production runs from July 1995 to August 2026, totalling 418,999 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 $852K, with roughly $164K 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 210 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was October 2018, at 689 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 OVERTON, E. (WOODBINE) UNIT
- Who operates OVERTON, E. (WOODBINE) UNIT?
- OVERTON, E. (WOODBINE) UNIT is operated by Palmer Petroleum Inc., Railroad Commission of Texas operator number 636222.
- Where is OVERTON, E. (WOODBINE) UNIT?
- OVERTON, E. (WOODBINE) UNIT is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 13433.
- Is OVERTON, E. (WOODBINE) UNIT still producing?
- OVERTON, E. (WOODBINE) UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OVERTON, E. (WOODBINE) UNIT is August 2026.
- How much has OVERTON, E. (WOODBINE) UNIT produced?
- OVERTON, E. (WOODBINE) UNIT has reported 418,999 barrels of oil (bbl) to the Railroad Commission of Texas between July 1995 and August 2026, from 9 wellbores.
- How much is OVERTON, E. (WOODBINE) UNIT worth?
- The remaining production from OVERTON, E. (WOODBINE) UNIT is estimated to be worth about $852K in total as of 26 August 2026, within a range of $665K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OVERTON, E. (WOODBINE) UNIT is a fraction of it. The estimate fits an Arps decline curve to the production OVERTON, E. (WOODBINE) UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OVERTON, E. (WOODBINE) UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does OVERTON, E. (WOODBINE) UNIT generate in a year?
- OVERTON, E. (WOODBINE) UNIT is forecast to net about $164K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OVERTON, E. (WOODBINE) UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Palmer Petroleum Inc. |
|---|---|
| Field | Overton, E. (Woodbine) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 13433 |
| Wellbores | 9 |
| Reported production | 418,999 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $852K |
Where OVERTON, E. (WOODBINE) 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.