MATTHEWS SOUTH UNIT
MATTHEWS SOUTH UNIT is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Earthstone Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from August 2015 to August 2026, totalling 462,534 barrels. The lease is intermittent. 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 $4.4M, with roughly $1.0M 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 1,343 barrels a month, about 672 per wellbore. Its strongest month on the record we hold was September 2016, at 13,377 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 MATTHEWS SOUTH UNIT
- Who operates MATTHEWS SOUTH UNIT?
- MATTHEWS SOUTH UNIT is operated by Earthstone Operating, LLC, Railroad Commission of Texas operator number 238732.
- Where is MATTHEWS SOUTH UNIT?
- MATTHEWS SOUTH UNIT is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18569.
- Is MATTHEWS SOUTH UNIT still producing?
- MATTHEWS SOUTH UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MATTHEWS SOUTH UNIT is August 2026.
- How much has MATTHEWS SOUTH UNIT produced?
- MATTHEWS SOUTH UNIT has reported 462,534 barrels of oil (bbl) to the Railroad Commission of Texas between August 2015 and August 2026, from 2 wellbores.
- How much is MATTHEWS SOUTH UNIT worth?
- The remaining production from MATTHEWS SOUTH UNIT is estimated to be worth about $4.4M in total as of 26 August 2026, within a range of $3.7M to $5.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MATTHEWS SOUTH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MATTHEWS SOUTH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MATTHEWS SOUTH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MATTHEWS SOUTH UNIT generate in a year?
- MATTHEWS SOUTH UNIT is forecast to net about $1.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MATTHEWS SOUTH UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Earthstone Operating, LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 18569 |
| Wellbores | 2 |
| Reported production | 462,534 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.4M |
Where MATTHEWS SOUTH 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.