RICHTER SOUTH UNIT
RICHTER SOUTH UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Freeport-Mcmoran Oil & Gas LLC. It has 7 wellbores on file with the Commission. Reported production runs from September 2013 to August 2026, totalling 2,086,484 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 $2.7M 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 3,601 barrels a month, about 514 per wellbore. Its strongest month on the record we hold was May 2016, at 19,433 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 RICHTER SOUTH UNIT
- Who operates RICHTER SOUTH UNIT?
- RICHTER SOUTH UNIT is operated by Freeport-Mcmoran Oil & Gas LLC, Railroad Commission of Texas operator number 285230.
- Where is RICHTER SOUTH UNIT?
- RICHTER SOUTH UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10676.
- Is RICHTER SOUTH UNIT still producing?
- RICHTER SOUTH UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICHTER SOUTH UNIT is August 2026.
- How much has RICHTER SOUTH UNIT produced?
- RICHTER SOUTH UNIT has reported 2,086,484 barrels of oil (bbl) to the Railroad Commission of Texas between September 2013 and August 2026, from 7 wellbores.
- How much is RICHTER SOUTH UNIT worth?
- The remaining production from RICHTER SOUTH UNIT is estimated to be worth about $8.9M in total as of 26 August 2026, within a range of $7.3M to $10.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICHTER SOUTH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RICHTER SOUTH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICHTER SOUTH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RICHTER SOUTH UNIT generate in a year?
- RICHTER SOUTH UNIT is forecast to net about $2.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RICHTER SOUTH UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Freeport-Mcmoran Oil & Gas LLC |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 10676 |
| Wellbores | 7 |
| Reported production | 2,086,484 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.9M |
Where RICHTER SOUTH 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.