ERNEST UNIT
ERNEST 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 October 2014 to August 2026, totalling 127,756 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 $896K, with roughly $201K 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 262 barrels a month. Its strongest month on the record we hold was May 2016, at 1,334 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 ERNEST UNIT
- Who operates ERNEST UNIT?
- ERNEST UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is ERNEST UNIT?
- ERNEST UNIT is a Texas oil lease in Atascosa County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18184.
- Is ERNEST UNIT still producing?
- ERNEST UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ERNEST UNIT is August 2026.
- How much has ERNEST UNIT produced?
- ERNEST UNIT has reported 127,756 barrels of oil (bbl) to the Railroad Commission of Texas between October 2014 and August 2026, from 1 wellbore.
- How much is ERNEST UNIT worth?
- The remaining production from ERNEST UNIT is estimated to be worth about $896K in total as of 26 August 2026, within a range of $699K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ERNEST UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ERNEST UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ERNEST UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ERNEST UNIT generate in a year?
- ERNEST UNIT is forecast to net about $201K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ERNEST 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 | 18184 |
| Wellbores | 1 |
| Reported production | 127,756 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $896K |
Where ERNEST 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.