PRICE 45 UNIT
PRICE 45 UNIT is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Permian Resources Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2023 to August 2026, totalling 17,645 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 $1.1M, with roughly $473K 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 611 barrels a month. Its strongest month on the record we hold was September 2024, at 997 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 PRICE 45 UNIT
- Who operates PRICE 45 UNIT?
- PRICE 45 UNIT is operated by Permian Resources Operating, LLC, Railroad Commission of Texas operator number 100852.
- Where is PRICE 45 UNIT?
- PRICE 45 UNIT is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 59937.
- Is PRICE 45 UNIT still producing?
- PRICE 45 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRICE 45 UNIT is August 2026.
- How much has PRICE 45 UNIT produced?
- PRICE 45 UNIT has reported 17,645 barrels of oil (bbl) to the Railroad Commission of Texas between October 2023 and August 2026, from 1 wellbore.
- How much is PRICE 45 UNIT worth?
- The remaining production from PRICE 45 UNIT is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $868K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRICE 45 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PRICE 45 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRICE 45 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PRICE 45 UNIT generate in a year?
- PRICE 45 UNIT is forecast to net about $473K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRICE 45 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Permian Resources Operating, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 59937 |
| Wellbores | 1 |
| Reported production | 17,645 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where PRICE 45 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.