PLAINS UNIT
PLAINS UNIT is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Amerada Hess Corporation. It has 173 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,936,392 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 $25.5M, with roughly $5.8M 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 8,209 barrels a month, about 47 per wellbore. Its strongest month on the record we hold was May 2016, at 20,423 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 PLAINS UNIT
- Who operates PLAINS UNIT?
- PLAINS UNIT is operated by Amerada Hess Corporation, Railroad Commission of Texas operator number 016980.
- Where is PLAINS UNIT?
- PLAINS UNIT is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 60407.
- Is PLAINS UNIT still producing?
- PLAINS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PLAINS UNIT is August 2026.
- How much has PLAINS UNIT produced?
- PLAINS UNIT has reported 9,936,392 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 173 wellbores.
- How much is PLAINS UNIT worth?
- The remaining production from PLAINS UNIT is estimated to be worth about $25.5M in total as of 26 August 2026, within a range of $21.2M to $29.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PLAINS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PLAINS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PLAINS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PLAINS UNIT generate in a year?
- PLAINS UNIT is forecast to net about $5.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PLAINS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amerada Hess Corporation |
|---|---|
| Field | Brahaney |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 60407 |
| Wellbores | 173 |
| Reported production | 9,936,392 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $25.5M |
Where PLAINS 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.