SMOLIK 01

SMOLIK 01 is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Ensign Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2020 to August 2026, totalling 1,028,936 thousand cubic feet. 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 $1.9M, with roughly $499K 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 5,322 thousand cubic feet a month. Its strongest month on the record we hold was May 2021, at 79,734 thousand cubic feet. 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 SMOLIK 01

Who operates SMOLIK 01?
SMOLIK 01 is operated by Ensign Operating LLC, Railroad Commission of Texas operator number 253102.
Where is SMOLIK 01?
SMOLIK 01 is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 290094.
Is SMOLIK 01 still producing?
SMOLIK 01 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMOLIK 01 is August 2026.
How much has SMOLIK 01 produced?
SMOLIK 01 has reported 1,028,936 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2020 and August 2026, from 1 wellbore.
How much is SMOLIK 01 worth?
The remaining production from SMOLIK 01 is estimated to be worth about $1.9M in total as of 27 August 2026, within a range of $1.5M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMOLIK 01 is a fraction of it. The estimate fits an Arps decline curve to the production SMOLIK 01 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMOLIK 01 is an estimate of value, not an offer and not an appraisal.
How much income does SMOLIK 01 generate in a year?
SMOLIK 01 is forecast to net about $499K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SMOLIK 01 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SMOLIK 01 as filed with the Railroad Commission of Texas
OperatorEnsign Operating LLC
FieldSugarkane (Eagle Ford)
CountyKarnes County, Texas
RRC district02
Lease number290094
Wellbores1
Reported production1,028,936 mcf
First reported
Last reported
Estimated royalty value$1.9M

Where SMOLIK 01 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.