CARMODY - FRANKE MAY A
CARMODY - FRANKE MAY A is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from November 2022 to August 2026, totalling 324,526 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 $11.0M, with roughly $2.8M 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 4,312 barrels a month. Its strongest month on the record we hold was December 2022, at 27,405 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 CARMODY - FRANKE MAY A
- Who operates CARMODY - FRANKE MAY A?
- CARMODY - FRANKE MAY A is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is CARMODY - FRANKE MAY A?
- CARMODY - FRANKE MAY A is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 12523.
- Is CARMODY - FRANKE MAY A still producing?
- CARMODY - FRANKE MAY A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARMODY - FRANKE MAY A is August 2026.
- How much has CARMODY - FRANKE MAY A produced?
- CARMODY - FRANKE MAY A has reported 324,526 barrels of oil (bbl) to the Railroad Commission of Texas between November 2022 and August 2026, from 1 wellbore.
- How much is CARMODY - FRANKE MAY A worth?
- The remaining production from CARMODY - FRANKE MAY A is estimated to be worth about $11.0M in total as of 26 August 2026, within a range of $9.2M to $12.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARMODY - FRANKE MAY A is a fraction of it. The estimate fits an Arps decline curve to the production CARMODY - FRANKE MAY A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARMODY - FRANKE MAY A is an estimate of value, not an offer and not an appraisal.
- How much income does CARMODY - FRANKE MAY A generate in a year?
- CARMODY - FRANKE MAY A is forecast to net about $2.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARMODY - FRANKE MAY A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 12523 |
| Wellbores | 1 |
| Reported production | 324,526 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.0M |
Where CARMODY - FRANKE MAY A 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.