PRENTICE SOUTHWEST UNIT
PRENTICE SOUTHWEST UNIT is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by Amoco Production Company. It has 124 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 5,145,929 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 $3.2M, with roughly $1.3M 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 1,967 barrels a month, about 16 per wellbore. Its strongest month on the record we hold was October 2016, at 9,084 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 PRENTICE SOUTHWEST UNIT
- Who operates PRENTICE SOUTHWEST UNIT?
- PRENTICE SOUTHWEST UNIT is operated by Amoco Production Company, Railroad Commission of Texas operator number 020425.
- Where is PRENTICE SOUTHWEST UNIT?
- PRENTICE SOUTHWEST UNIT is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 60367.
- Is PRENTICE SOUTHWEST UNIT still producing?
- PRENTICE SOUTHWEST UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRENTICE SOUTHWEST UNIT is August 2026.
- How much has PRENTICE SOUTHWEST UNIT produced?
- PRENTICE SOUTHWEST UNIT has reported 5,145,929 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 124 wellbores.
- How much is PRENTICE SOUTHWEST UNIT worth?
- The remaining production from PRENTICE SOUTHWEST UNIT is estimated to be worth about $3.2M in total as of 26 August 2026, within a range of $2.7M to $3.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRENTICE SOUTHWEST UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PRENTICE SOUTHWEST UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRENTICE SOUTHWEST UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PRENTICE SOUTHWEST UNIT generate in a year?
- PRENTICE SOUTHWEST UNIT is forecast to net about $1.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PRENTICE SOUTHWEST 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 | 60367 |
| Wellbores | 124 |
| Reported production | 5,145,929 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.2M |
Where PRENTICE SOUTHWEST 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.