SECTION 143 UNIT
SECTION 143 UNIT is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by Southwest Royalties, Inc. It has 79 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 287,242 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 $506K, with roughly $97K 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 155 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was May 2016, at 543 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 SECTION 143 UNIT
- Who operates SECTION 143 UNIT?
- SECTION 143 UNIT is operated by Southwest Royalties, Inc., Railroad Commission of Texas operator number 806470.
- Where is SECTION 143 UNIT?
- SECTION 143 UNIT is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 64076.
- Is SECTION 143 UNIT still producing?
- SECTION 143 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SECTION 143 UNIT is August 2026.
- How much has SECTION 143 UNIT produced?
- SECTION 143 UNIT has reported 287,242 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 79 wellbores.
- How much is SECTION 143 UNIT worth?
- The remaining production from SECTION 143 UNIT is estimated to be worth about $506K in total as of 26 August 2026, within a range of $394K to $617K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SECTION 143 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SECTION 143 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SECTION 143 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SECTION 143 UNIT generate in a year?
- SECTION 143 UNIT is forecast to net about $97K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SECTION 143 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Southwest Royalties, Inc. |
|---|---|
| Field | Sharon Ridge (1700) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 64076 |
| Wellbores | 79 |
| Reported production | 287,242 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $506K |
Where SECTION 143 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.