CHARGER UNIT

CHARGER UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Plains Exploration & Prod. Co. It has 10 wellbores on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 2,646,413 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 $6.1M, with roughly $2.1M 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 3,536 barrels a month, about 354 per wellbore. Its strongest month on the record we hold was June 2016, at 40,760 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 CHARGER UNIT

Who operates CHARGER UNIT?
CHARGER UNIT is operated by Plains Exploration & Prod. Co., Railroad Commission of Texas operator number 667862.
Where is CHARGER UNIT?
CHARGER UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10031.
Is CHARGER UNIT still producing?
CHARGER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHARGER UNIT is August 2026.
How much has CHARGER UNIT produced?
CHARGER UNIT has reported 2,646,413 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 10 wellbores.
How much is CHARGER UNIT worth?
The remaining production from CHARGER UNIT is estimated to be worth about $6.1M in total as of 26 August 2026, within a range of $5.1M to $7.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHARGER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CHARGER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHARGER UNIT is an estimate of value, not an offer and not an appraisal.
How much income does CHARGER UNIT generate in a year?
CHARGER UNIT is forecast to net about $2.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHARGER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CHARGER UNIT as filed with the Railroad Commission of Texas
OperatorPlains Exploration & Prod. Co.
FieldEagleville (Eagle Ford-2)
CountyKarnes County, Texas
RRC district02
Lease number10031
Wellbores10
Reported production2,646,413 bbl
First reported
Last reported
Estimated royalty value$6.1M

Where CHARGER 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.