KAZBEK UNIT
KAZBEK 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 November 2018 to August 2026, totalling 902,842 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 $10.2M, with roughly $2.2M 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 2,218 barrels a month, about 1,109 per wellbore. Its strongest month on the record we hold was November 2018, at 115,096 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 KAZBEK UNIT
- Who operates KAZBEK UNIT?
- KAZBEK UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is KAZBEK UNIT?
- KAZBEK UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11624.
- Is KAZBEK UNIT still producing?
- KAZBEK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KAZBEK UNIT is August 2026.
- How much has KAZBEK UNIT produced?
- KAZBEK UNIT has reported 902,842 barrels of oil (bbl) to the Railroad Commission of Texas between November 2018 and August 2026, from 2 wellbores.
- How much is KAZBEK UNIT worth?
- The remaining production from KAZBEK UNIT is estimated to be worth about $10.2M in total as of 26 August 2026, within a range of $8.5M to $12.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KAZBEK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production KAZBEK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KAZBEK UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does KAZBEK UNIT generate in a year?
- KAZBEK UNIT is forecast to net about $2.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KAZBEK UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Sugarkane (Austin Chalk) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 11624 |
| Wellbores | 2 |
| Reported production | 902,842 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.2M |
Where KAZBEK 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.