EDWARDS DEEP UNIT
EDWARDS DEEP UNIT is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Oxy USA Inc. It has 7 wellbores on file with the Commission. Reported production runs from July 2010 to August 2026, totalling 460,381 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 $5.1M, with roughly $2.5M 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 4,784 barrels a month, about 683 per wellbore. Its strongest month on the record we hold was January 2025, at 8,436 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 EDWARDS DEEP UNIT
- Who operates EDWARDS DEEP UNIT?
- EDWARDS DEEP UNIT is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is EDWARDS DEEP UNIT?
- EDWARDS DEEP UNIT is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40245.
- Is EDWARDS DEEP UNIT still producing?
- EDWARDS DEEP UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EDWARDS DEEP UNIT is August 2026.
- How much has EDWARDS DEEP UNIT produced?
- EDWARDS DEEP UNIT has reported 460,381 barrels of oil (bbl) to the Railroad Commission of Texas between July 2010 and August 2026, from 7 wellbores.
- How much is EDWARDS DEEP UNIT worth?
- The remaining production from EDWARDS DEEP UNIT is estimated to be worth about $5.1M in total as of 26 August 2026, within a range of $4.2M to $6.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EDWARDS DEEP UNIT is a fraction of it. The estimate fits an Arps decline curve to the production EDWARDS DEEP UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EDWARDS DEEP UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does EDWARDS DEEP UNIT generate in a year?
- EDWARDS DEEP UNIT is forecast to net about $2.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EDWARDS DEEP UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Collie (Delaware) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 40245 |
| Wellbores | 7 |
| Reported production | 460,381 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.1M |
Where EDWARDS DEEP 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.