LIDO UNIT
LIDO UNIT is a Texas oil lease in Wilbarger County, Railroad Commission district 09, operated by Lindemann, W. L., DRLG. Co. It has 37 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 445,359 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 $2.6M, with roughly $595K 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 852 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was July 2019, at 1,856 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 LIDO UNIT
- Who operates LIDO UNIT?
- LIDO UNIT is operated by Lindemann, W. L., DRLG. Co., Railroad Commission of Texas operator number 501200.
- Where is LIDO UNIT?
- LIDO UNIT is a Texas oil lease in Wilbarger County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 11959.
- Is LIDO UNIT still producing?
- LIDO UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LIDO UNIT is August 2026.
- How much has LIDO UNIT produced?
- LIDO UNIT has reported 445,359 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 37 wellbores.
- How much is LIDO UNIT worth?
- The remaining production from LIDO UNIT is estimated to be worth about $2.6M in total as of 27 August 2026, within a range of $2.0M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LIDO UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LIDO UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LIDO UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LIDO UNIT generate in a year?
- LIDO UNIT is forecast to net about $595K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LIDO UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lindemann, W. L., DRLG. Co. |
|---|---|
| Field | Wilbarger County Regular |
| County | Wilbarger County, Texas |
| RRC district | 09 |
| Lease number | 11959 |
| Wellbores | 37 |
| Reported production | 445,359 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.6M |
Where LIDO 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.