BAKER-ELDER UNIT
BAKER-ELDER UNIT is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by United Company. It has 13 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 35,119 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 $274K, with roughly $53K 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 71 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was June 2024, at 184 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 BAKER-ELDER UNIT
- Who operates BAKER-ELDER UNIT?
- BAKER-ELDER UNIT is operated by United Company, Railroad Commission of Texas operator number 877160.
- Where is BAKER-ELDER UNIT?
- BAKER-ELDER UNIT is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 03594.
- Is BAKER-ELDER UNIT still producing?
- BAKER-ELDER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAKER-ELDER UNIT is August 2026.
- How much has BAKER-ELDER UNIT produced?
- BAKER-ELDER UNIT has reported 35,119 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 13 wellbores.
- How much is BAKER-ELDER UNIT worth?
- The remaining production from BAKER-ELDER UNIT is estimated to be worth about $274K in total as of 26 August 2026, within a range of $151K to $397K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAKER-ELDER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BAKER-ELDER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAKER-ELDER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BAKER-ELDER UNIT generate in a year?
- BAKER-ELDER UNIT is forecast to net about $53K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BAKER-ELDER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | United Company |
|---|---|
| Field | Mccamey |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 03594 |
| Wellbores | 13 |
| Reported production | 35,119 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $274K |
Where BAKER-ELDER 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.