SMART UNIT
SMART UNIT is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Eog Resources, Inc. It has 6 wellbores on file with the Commission. Reported production runs from June 2013 to August 2026, totalling 1,275,458 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 $6.3M, with roughly $1.8M 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 2,542 barrels a month, about 424 per wellbore. Its strongest month on the record we hold was January 2017, at 64,392 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 SMART UNIT
- Who operates SMART UNIT?
- SMART UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is SMART UNIT?
- SMART UNIT is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16960.
- Is SMART UNIT still producing?
- SMART UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMART UNIT is August 2026.
- How much has SMART UNIT produced?
- SMART UNIT has reported 1,275,458 barrels of oil (bbl) to the Railroad Commission of Texas between June 2013 and August 2026, from 6 wellbores.
- How much is SMART UNIT worth?
- The remaining production from SMART UNIT is estimated to be worth about $6.3M in total as of 27 August 2026, within a range of $5.3M to $7.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMART UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SMART UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMART UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SMART UNIT generate in a year?
- SMART UNIT is forecast to net about $1.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SMART 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 | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 16960 |
| Wellbores | 6 |
| Reported production | 1,275,458 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.3M |
Where SMART 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.