LOTT UNIT
LOTT UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Eog Resources, Inc. It has 12 wellbores on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 2,275,712 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 $8.9M, with roughly $2.6M 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 3,809 barrels a month, about 317 per wellbore. Its strongest month on the record we hold was May 2016, at 38,779 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 LOTT UNIT
- Who operates LOTT UNIT?
- LOTT UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is LOTT UNIT?
- LOTT UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10038.
- Is LOTT UNIT still producing?
- LOTT UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOTT UNIT is August 2026.
- How much has LOTT UNIT produced?
- LOTT UNIT has reported 2,275,712 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 12 wellbores.
- How much is LOTT UNIT worth?
- The remaining production from LOTT UNIT is estimated to be worth about $8.9M in total as of 26 August 2026, within a range of $7.4M to $10.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOTT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LOTT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOTT UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LOTT UNIT generate in a year?
- LOTT UNIT is forecast to net about $2.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOTT 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-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 10038 |
| Wellbores | 12 |
| Reported production | 2,275,712 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.9M |
Where LOTT 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.