KOY UNIT
KOY UNIT is a Texas oil lease in Schleicher County, Railroad Commission district 7C, operated by Parallel Petroleum Corporation. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 113,525 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 $735K, with roughly $165K 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 252 barrels a month, about 63 per wellbore. Its strongest month on the record we hold was December 2017, at 600 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 KOY UNIT
- Who operates KOY UNIT?
- KOY UNIT is operated by Parallel Petroleum Corporation, Railroad Commission of Texas operator number 639025.
- Where is KOY UNIT?
- KOY UNIT is a Texas oil lease in Schleicher County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 03485.
- Is KOY UNIT still producing?
- KOY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KOY UNIT is August 2026.
- How much has KOY UNIT produced?
- KOY UNIT has reported 113,525 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is KOY UNIT worth?
- The remaining production from KOY UNIT is estimated to be worth about $735K in total as of 26 August 2026, within a range of $573K to $897K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KOY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production KOY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KOY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does KOY UNIT generate in a year?
- KOY UNIT is forecast to net about $165K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KOY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parallel Petroleum Corporation |
|---|---|
| Field | Page |
| County | Schleicher County, Texas |
| RRC district | 7C |
| Lease number | 03485 |
| Wellbores | 4 |
| Reported production | 113,525 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $735K |
Where KOY 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.