FARNIK
FARNIK is a Texas oil lease in Atascosa County, Railroad Commission district 01, operated by Tug Hill Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 54,264 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 $342K, with roughly $65K 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 62 barrels a month. Its strongest month on the record we hold was October 2022, at 646 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 FARNIK
- Who operates FARNIK?
- FARNIK is operated by Tug Hill Operating, LLC, Railroad Commission of Texas operator number 872571.
- Where is FARNIK?
- FARNIK is a Texas oil lease in Atascosa County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15892.
- Is FARNIK still producing?
- FARNIK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FARNIK is August 2026.
- How much has FARNIK produced?
- FARNIK has reported 54,264 barrels of oil (bbl) to the Railroad Commission of Texas between February 2012 and August 2026, from 1 wellbore.
- How much is FARNIK worth?
- The remaining production from FARNIK is estimated to be worth about $342K in total as of 26 August 2026, within a range of $188K to $495K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FARNIK is a fraction of it. The estimate fits an Arps decline curve to the production FARNIK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FARNIK is an estimate of value, not an offer and not an appraisal.
- How much income does FARNIK generate in a year?
- FARNIK is forecast to net about $65K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FARNIK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tug Hill Operating, LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Atascosa County, Texas |
| RRC district | 01 |
| Lease number | 15892 |
| Wellbores | 1 |
| Reported production | 54,264 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $342K |
Where FARNIK 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.