CORNFIELD UNIT
CORNFIELD UNIT is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Eog Resources, Inc. It has 16 wellbores on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 556,593 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 $2.1M, with roughly $628K 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 917 barrels a month, about 57 per wellbore. Its strongest month on the record we hold was January 2019, at 42,873 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CORNFIELD UNIT
- Who operates CORNFIELD UNIT?
- CORNFIELD UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is CORNFIELD UNIT?
- CORNFIELD UNIT is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15934.
- Is CORNFIELD UNIT still producing?
- CORNFIELD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CORNFIELD UNIT is August 2026.
- How much has CORNFIELD UNIT produced?
- CORNFIELD UNIT has reported 556,593 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 16 wellbores.
- How much is CORNFIELD UNIT worth?
- The remaining production from CORNFIELD UNIT is estimated to be worth about $2.1M in total as of 26 August 2026, within a range of $1.6M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CORNFIELD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CORNFIELD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CORNFIELD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CORNFIELD UNIT generate in a year?
- CORNFIELD UNIT is forecast to net about $628K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CORNFIELD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 15934 |
| Wellbores | 16 |
| Reported production | 556,593 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where CORNFIELD 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.