LC UNIT
LC UNIT is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Chan West Oil Corporation. It has 8 wellbores on file with the Commission. Reported production runs from December 1996 to August 2026, totalling 45,597 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 $908K, with roughly $175K 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 242 barrels a month, about 30 per wellbore. Its strongest month on the record we hold was August 2020, at 440 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 LC UNIT
- Who operates LC UNIT?
- LC UNIT is operated by Chan West Oil Corporation, Railroad Commission of Texas operator number 144179.
- Where is LC UNIT?
- LC UNIT is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 28143.
- Is LC UNIT still producing?
- LC UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LC UNIT is August 2026.
- How much has LC UNIT produced?
- LC UNIT has reported 45,597 barrels of oil (bbl) to the Railroad Commission of Texas between December 1996 and August 2026, from 8 wellbores.
- How much is LC UNIT worth?
- The remaining production from LC UNIT is estimated to be worth about $908K in total as of 26 August 2026, within a range of $708K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LC UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LC UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LC UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LC UNIT generate in a year?
- LC UNIT is forecast to net about $175K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LC UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chan West Oil Corporation |
|---|---|
| Field | Taylor County Regular |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 28143 |
| Wellbores | 8 |
| Reported production | 45,597 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $908K |
Where LC 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.