MICHAEL WHEELER UNIT
MICHAEL WHEELER UNIT is a Texas oil lease in Atascosa County, Railroad Commission district 01, operated by Eog Resources, Inc. It has 7 wellbores on file with the Commission. Reported production runs from February 2014 to August 2026, totalling 1,232,590 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 $24.2M, with roughly $7.8M 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 14,315 barrels a month, about 2,045 per wellbore. Its strongest month on the record we hold was February 2024, at 105,960 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 MICHAEL WHEELER UNIT
- Who operates MICHAEL WHEELER UNIT?
- MICHAEL WHEELER UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is MICHAEL WHEELER UNIT?
- MICHAEL WHEELER UNIT is a Texas oil lease in Atascosa County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 17502.
- Is MICHAEL WHEELER UNIT still producing?
- MICHAEL WHEELER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MICHAEL WHEELER UNIT is August 2026.
- How much has MICHAEL WHEELER UNIT produced?
- MICHAEL WHEELER UNIT has reported 1,232,590 barrels of oil (bbl) to the Railroad Commission of Texas between February 2014 and August 2026, from 7 wellbores.
- How much is MICHAEL WHEELER UNIT worth?
- The remaining production from MICHAEL WHEELER UNIT is estimated to be worth about $24.2M in total as of 26 August 2026, within a range of $19.9M to $28.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MICHAEL WHEELER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MICHAEL WHEELER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MICHAEL WHEELER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MICHAEL WHEELER UNIT generate in a year?
- MICHAEL WHEELER UNIT is forecast to net about $7.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MICHAEL WHEELER 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 | Atascosa County, Texas |
| RRC district | 01 |
| Lease number | 17502 |
| Wellbores | 7 |
| Reported production | 1,232,590 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $24.2M |
Where MICHAEL WHEELER 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.