CWC PRENTICE UNIT
CWC PRENTICE UNIT is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Amoco Production Company. It has 89 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 4,643,887 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 $9.2M, with roughly $2.1M 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 2,923 barrels a month, about 33 per wellbore. Its strongest month on the record we hold was October 2016, at 6,063 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 CWC PRENTICE UNIT
- Who operates CWC PRENTICE UNIT?
- CWC PRENTICE UNIT is operated by Amoco Production Company, Railroad Commission of Texas operator number 020425.
- Where is CWC PRENTICE UNIT?
- CWC PRENTICE UNIT is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 61063.
- Is CWC PRENTICE UNIT still producing?
- CWC PRENTICE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CWC PRENTICE UNIT is August 2026.
- How much has CWC PRENTICE UNIT produced?
- CWC PRENTICE UNIT has reported 4,643,887 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 89 wellbores.
- How much is CWC PRENTICE UNIT worth?
- The remaining production from CWC PRENTICE UNIT is estimated to be worth about $9.2M in total as of 26 August 2026, within a range of $7.6M to $10.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CWC PRENTICE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CWC PRENTICE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CWC PRENTICE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CWC PRENTICE UNIT generate in a year?
- CWC PRENTICE UNIT is forecast to net about $2.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CWC PRENTICE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amoco Production Company |
|---|---|
| Field | Prentice (6700) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 61063 |
| Wellbores | 89 |
| Reported production | 4,643,887 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.2M |
Where CWC PRENTICE 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.