TOBEY B UNIT
TOBEY B UNIT is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2013 to August 2026, totalling 25,445 barrels. The lease is intermittent. 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 $866K, with roughly $110K 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 barrels a month. Its strongest month on the record we hold was April 2022, at 104 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 TOBEY B UNIT
- Who operates TOBEY B UNIT?
- TOBEY B UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is TOBEY B UNIT?
- TOBEY B UNIT is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33078.
- Is TOBEY B UNIT still producing?
- TOBEY B UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for TOBEY B UNIT is August 2026.
- How much has TOBEY B UNIT produced?
- TOBEY B UNIT has reported 25,445 barrels of oil (bbl) to the Railroad Commission of Texas between July 2013 and August 2026, from 1 wellbore.
- How much is TOBEY B UNIT worth?
- The remaining production from TOBEY B UNIT is estimated to be worth about $866K in total as of 26 August 2026, within a range of $0 to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TOBEY B UNIT is a fraction of it. The estimate fits an Arps decline curve to the production TOBEY B UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TOBEY B UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does TOBEY B UNIT generate in a year?
- TOBEY B UNIT is forecast to net about $110K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TOBEY B UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 33078 |
| Wellbores | 1 |
| Reported production | 25,445 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $866K |
Where TOBEY B 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.