UL THE MACHINE A 29-32-5
UL THE MACHINE A 29-32-5 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Iron Orchard Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2024 to August 2026, totalling 236,325 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 $9.6M, with roughly $3.3M 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 6,383 barrels a month. Its strongest month on the record we hold was September 2024, at 23,895 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 UL THE MACHINE A 29-32-5
- Who operates UL THE MACHINE A 29-32-5?
- UL THE MACHINE A 29-32-5 is operated by Iron Orchard Operating LLC, Railroad Commission of Texas operator number 426412.
- Where is UL THE MACHINE A 29-32-5?
- UL THE MACHINE A 29-32-5 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22672.
- Is UL THE MACHINE A 29-32-5 still producing?
- UL THE MACHINE A 29-32-5 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL THE MACHINE A 29-32-5 is August 2026.
- How much has UL THE MACHINE A 29-32-5 produced?
- UL THE MACHINE A 29-32-5 has reported 236,325 barrels of oil (bbl) to the Railroad Commission of Texas between May 2024 and August 2026, from 1 wellbore.
- How much is UL THE MACHINE A 29-32-5 worth?
- The remaining production from UL THE MACHINE A 29-32-5 is estimated to be worth about $9.6M in total as of 27 August 2026, within a range of $8.0M to $11.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL THE MACHINE A 29-32-5 is a fraction of it. The estimate fits an Arps decline curve to the production UL THE MACHINE A 29-32-5 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UL THE MACHINE A 29-32-5 is an estimate of value, not an offer and not an appraisal.
- How much income does UL THE MACHINE A 29-32-5 generate in a year?
- UL THE MACHINE A 29-32-5 is forecast to net about $3.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UL THE MACHINE A 29-32-5 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Iron Orchard Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 22672 |
| Wellbores | 1 |
| Reported production | 236,325 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.6M |
Where UL THE MACHINE A 29-32-5 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.