SALINAS UNIT I LAS

SALINAS UNIT I LAS is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 3 wellbores on file with the Commission. Reported production runs from April 2013 to August 2026, totalling 350,398 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 $1.1M, with roughly $295K 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 425 barrels a month, about 142 per wellbore. Its strongest month on the record we hold was May 2016, at 4,872 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 SALINAS UNIT I LAS

Who operates SALINAS UNIT I LAS?
SALINAS UNIT I LAS is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
Where is SALINAS UNIT I LAS?
SALINAS UNIT I LAS is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16911.
Is SALINAS UNIT I LAS still producing?
SALINAS UNIT I LAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SALINAS UNIT I LAS is August 2026.
How much has SALINAS UNIT I LAS produced?
SALINAS UNIT I LAS has reported 350,398 barrels of oil (bbl) to the Railroad Commission of Texas between April 2013 and August 2026, from 3 wellbores.
How much is SALINAS UNIT I LAS worth?
The remaining production from SALINAS UNIT I LAS is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $853K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SALINAS UNIT I LAS is a fraction of it. The estimate fits an Arps decline curve to the production SALINAS UNIT I LAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SALINAS UNIT I LAS is an estimate of value, not an offer and not an appraisal.
How much income does SALINAS UNIT I LAS generate in a year?
SALINAS UNIT I LAS is forecast to net about $295K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SALINAS UNIT I LAS receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SALINAS UNIT I LAS as filed with the Railroad Commission of Texas
OperatorChesapeake Operating, Inc.
FieldEagleville (Eagle Ford-1)
CountyLa Salle County, Texas
RRC district01
Lease number16911
Wellbores3
Reported production350,398 bbl
First reported
Last reported
Estimated royalty value$1.1M

Where SALINAS UNIT I LAS 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.