LEO FRANK UNIT B
LEO FRANK UNIT B is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Burlington Resources O & G Co LP. It has 8 wellbores on file with the Commission. Reported production runs from April 2013 to August 2026, totalling 2,678,710 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 $17.8M, with roughly $4.6M 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 6,251 barrels a month, about 781 per wellbore. Its strongest month on the record we hold was November 2019, at 192,457 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 LEO FRANK UNIT B
- Who operates LEO FRANK UNIT B?
- LEO FRANK UNIT B is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
- Where is LEO FRANK UNIT B?
- LEO FRANK UNIT B is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10567.
- Is LEO FRANK UNIT B still producing?
- LEO FRANK UNIT B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEO FRANK UNIT B is August 2026.
- How much has LEO FRANK UNIT B produced?
- LEO FRANK UNIT B has reported 2,678,710 barrels of oil (bbl) to the Railroad Commission of Texas between April 2013 and August 2026, from 8 wellbores.
- How much is LEO FRANK UNIT B worth?
- The remaining production from LEO FRANK UNIT B is estimated to be worth about $17.8M in total as of 26 August 2026, within a range of $14.8M to $20.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEO FRANK UNIT B is a fraction of it. The estimate fits an Arps decline curve to the production LEO FRANK UNIT B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEO FRANK UNIT B is an estimate of value, not an offer and not an appraisal.
- How much income does LEO FRANK UNIT B generate in a year?
- LEO FRANK UNIT B is forecast to net about $4.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEO FRANK UNIT B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burlington Resources O & G Co LP |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 10567 |
| Wellbores | 8 |
| Reported production | 2,678,710 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $17.8M |
Where LEO FRANK UNIT B 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.