N. STEINMANN UNIT B
N. STEINMANN UNIT B is a Texas gas lease in De Witt County, Railroad Commission district 02, operated by Burlington Resources O & G Co LP. It has 1 wellbore on file with the Commission. Reported production runs from August 2024 to August 2026, totalling 2,333,418 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 $6.7M, with roughly $3.9M 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 111,027 thousand cubic feet a month. Its strongest month on the record we hold was March 2025, at 341,393 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 N. STEINMANN UNIT B
- Who operates N. STEINMANN UNIT B?
- N. STEINMANN UNIT B is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
- Where is N. STEINMANN UNIT B?
- N. STEINMANN UNIT B is a Texas gas lease in De Witt County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 299020.
- Is N. STEINMANN UNIT B still producing?
- N. STEINMANN UNIT B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for N. STEINMANN UNIT B is August 2026.
- How much has N. STEINMANN UNIT B produced?
- N. STEINMANN UNIT B has reported 2,333,418 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2024 and August 2026, from 1 wellbore.
- How much is N. STEINMANN UNIT B worth?
- The remaining production from N. STEINMANN UNIT B is estimated to be worth about $6.7M in total as of 26 August 2026, within a range of $5.5M to $7.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in N. STEINMANN UNIT B is a fraction of it. The estimate fits an Arps decline curve to the production N. STEINMANN UNIT B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for N. STEINMANN UNIT B is an estimate of value, not an offer and not an appraisal.
- How much income does N. STEINMANN UNIT B generate in a year?
- N. STEINMANN UNIT B is forecast to net about $3.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in N. STEINMANN UNIT B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burlington Resources O & G Co LP |
|---|---|
| Field | De Witt (Eagle Ford Shale) |
| County | De Witt County, Texas |
| RRC district | 02 |
| Lease number | 299020 |
| Wellbores | 1 |
| Reported production | 2,333,418 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.7M |
Where N. STEINMANN UNIT B 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.