BP 'O'
BP 'O' is a Texas oil lease in Tyler County, Railroad Commission district 03, operated by Unit Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2012 to August 2026, totalling 42,251 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 $54K, with roughly $10K 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 99 barrels a month. Its strongest month on the record we hold was April 2017, at 1,155 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BP 'O'
- Who operates BP 'O'?
- BP 'O' is operated by Unit Petroleum Company, Railroad Commission of Texas operator number 877099.
- Where is BP 'O'?
- BP 'O' is a Texas oil lease in Tyler County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26124.
- Is BP 'O' still producing?
- BP 'O' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BP 'O' is August 2026.
- How much has BP 'O' produced?
- BP 'O' has reported 42,251 barrels of oil (bbl) to the Railroad Commission of Texas between January 2012 and August 2026, from 1 wellbore.
- How much is BP 'O' worth?
- The remaining production from BP 'O' is estimated to be worth about $54K in total as of 26 August 2026, within a range of $29K to $78K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BP 'O' is a fraction of it. The estimate fits an Arps decline curve to the production BP 'O' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BP 'O' is an estimate of value, not an offer and not an appraisal.
- How much income does BP 'O' generate in a year?
- BP 'O' is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BP 'O' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Unit Petroleum Company |
|---|---|
| Field | Housh |
| County | Tyler County, Texas |
| RRC district | 03 |
| Lease number | 26124 |
| Wellbores | 1 |
| Reported production | 42,251 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $54K |
Where BP 'O' 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.