MANGROVE J

MANGROVE J is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2020 to August 2026, totalling 319,848 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 $2.1M, with roughly $805K 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 1,273 barrels a month. Its strongest month on the record we hold was September 2020, at 37,706 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 MANGROVE J

Who operates MANGROVE J?
MANGROVE J is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
Where is MANGROVE J?
MANGROVE J is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 20230.
Is MANGROVE J still producing?
MANGROVE J is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MANGROVE J is August 2026.
How much has MANGROVE J produced?
MANGROVE J has reported 319,848 barrels of oil (bbl) to the Railroad Commission of Texas between April 2020 and August 2026, from 1 wellbore.
How much is MANGROVE J worth?
The remaining production from MANGROVE J is estimated to be worth about $2.1M in total as of 26 August 2026, within a range of $1.8M to $2.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MANGROVE J is a fraction of it. The estimate fits an Arps decline curve to the production MANGROVE J has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MANGROVE J is an estimate of value, not an offer and not an appraisal.
How much income does MANGROVE J generate in a year?
MANGROVE J is forecast to net about $805K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MANGROVE J receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MANGROVE J as filed with the Railroad Commission of Texas
OperatorEog Resources, Inc.
FieldEagleville (Eagle Ford-1)
CountyGonzales County, Texas
RRC district01
Lease number20230
Wellbores1
Reported production319,848 bbl
First reported
Last reported
Estimated royalty value$2.1M

Where MANGROVE J 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.