RED CREST TRUST UNIT
RED CREST TRUST UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Statoil Texas Onshore Prop Llc. It has 8 wellbores on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 1,461,259 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $169K, with roughly $47K expected over the next twelve months.
| Operator | Statoil Texas Onshore Prop Llc |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 10384 |
| Wellbores | 8 |
| Reported production | 1,461,259 bbl |
| First reported | February 2013 |
| Last reported | August 2026 |
| Estimated royalty value | $169K |
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.