CENTRAL OWNBY UNIT
CENTRAL OWNBY UNIT is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Shell Western E&P Inc. It has 156 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 12,276,025 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 $23.8M, with roughly $5.7M 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 8,166 barrels a month, about 52 per wellbore. Its strongest month on the record we hold was May 2016, at 24,045 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 CENTRAL OWNBY UNIT
- Who operates CENTRAL OWNBY UNIT?
- CENTRAL OWNBY UNIT is operated by Shell Western E&P Inc., Railroad Commission of Texas operator number 774720.
- Where is CENTRAL OWNBY UNIT?
- CENTRAL OWNBY UNIT is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66222.
- Is CENTRAL OWNBY UNIT still producing?
- CENTRAL OWNBY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CENTRAL OWNBY UNIT is August 2026.
- How much has CENTRAL OWNBY UNIT produced?
- CENTRAL OWNBY UNIT has reported 12,276,025 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 156 wellbores.
- How much is CENTRAL OWNBY UNIT worth?
- The remaining production from CENTRAL OWNBY UNIT is estimated to be worth about $23.8M in total as of 27 August 2026, within a range of $19.8M to $27.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CENTRAL OWNBY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CENTRAL OWNBY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CENTRAL OWNBY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CENTRAL OWNBY UNIT generate in a year?
- CENTRAL OWNBY UNIT is forecast to net about $5.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CENTRAL OWNBY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shell Western E&P Inc. |
|---|---|
| Field | Ownby (Clear Fork, Upper) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 66222 |
| Wellbores | 156 |
| Reported production | 12,276,025 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $23.8M |
Where CENTRAL OWNBY 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.