FLEMING UNIT
FLEMING UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Eog Resources, Inc. It has 2 wellbores on file with the Commission. Reported production runs from December 2013 to August 2026, totalling 291,921 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 $285K, with roughly $154K 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 323 barrels a month, about 162 per wellbore. Its strongest month on the record we hold was May 2016, at 2,458 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 FLEMING UNIT
- Who operates FLEMING UNIT?
- FLEMING UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is FLEMING UNIT?
- FLEMING UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10779.
- Is FLEMING UNIT still producing?
- FLEMING UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FLEMING UNIT is August 2026.
- How much has FLEMING UNIT produced?
- FLEMING UNIT has reported 291,921 barrels of oil (bbl) to the Railroad Commission of Texas between December 2013 and August 2026, from 2 wellbores.
- How much is FLEMING UNIT worth?
- The remaining production from FLEMING UNIT is estimated to be worth about $285K in total as of 26 August 2026, within a range of $222K to $347K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLEMING UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FLEMING UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLEMING UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FLEMING UNIT generate in a year?
- FLEMING UNIT is forecast to net about $154K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FLEMING 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 | 10779 |
| Wellbores | 2 |
| Reported production | 291,921 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $285K |
Where FLEMING 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.