SYDNEY UNIT
SYDNEY UNIT is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Eog Resources, Inc. It has 3 wellbores on file with the Commission. Reported production runs from April 2013 to August 2026, totalling 878,407 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 $2.5M, with roughly $697K 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 1,112 barrels a month, about 371 per wellbore. Its strongest month on the record we hold was June 2017, at 25,128 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 SYDNEY UNIT
- Who operates SYDNEY UNIT?
- SYDNEY UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is SYDNEY UNIT?
- SYDNEY UNIT is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16862.
- Is SYDNEY UNIT still producing?
- SYDNEY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SYDNEY UNIT is August 2026.
- How much has SYDNEY UNIT produced?
- SYDNEY UNIT has reported 878,407 barrels of oil (bbl) to the Railroad Commission of Texas between April 2013 and August 2026, from 3 wellbores.
- How much is SYDNEY UNIT worth?
- The remaining production from SYDNEY UNIT is estimated to be worth about $2.5M in total as of 26 August 2026, within a range of $2.1M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SYDNEY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SYDNEY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SYDNEY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SYDNEY UNIT generate in a year?
- SYDNEY UNIT is forecast to net about $697K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SYDNEY 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 | 16862 |
| Wellbores | 3 |
| Reported production | 878,407 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where SYDNEY 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.