COMET UNIT
COMET UNIT is a Texas oil lease in Atascosa County, Railroad Commission district 01, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2015 to August 2026, totalling 235,857 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 $1.3M, with roughly $349K 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 500 barrels a month. Its strongest month on the record we hold was August 2016, at 7,774 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 COMET UNIT
- Who operates COMET UNIT?
- COMET UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is COMET UNIT?
- COMET UNIT is a Texas oil lease in Atascosa County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18684.
- Is COMET UNIT still producing?
- COMET UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COMET UNIT is August 2026.
- How much has COMET UNIT produced?
- COMET UNIT has reported 235,857 barrels of oil (bbl) to the Railroad Commission of Texas between December 2015 and August 2026, from 1 wellbore.
- How much is COMET UNIT worth?
- The remaining production from COMET UNIT is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $995K to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COMET UNIT is a fraction of it. The estimate fits an Arps decline curve to the production COMET UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COMET UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does COMET UNIT generate in a year?
- COMET UNIT is forecast to net about $349K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COMET 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-1) |
| County | Atascosa County, Texas |
| RRC district | 01 |
| Lease number | 18684 |
| Wellbores | 1 |
| Reported production | 235,857 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where COMET 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.