PHEASANT UNIT

PHEASANT UNIT is a Texas oil lease in Atascosa County, Railroad Commission district 01, operated by Eog Resources, Inc. It has 2 wellbores on file with the Commission. Reported production runs from September 2012 to August 2026, totalling 241,583 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 $1.4M, with roughly $321K 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 425 barrels a month, about 212 per wellbore. Its strongest month on the record we hold was September 2016, at 3,081 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 PHEASANT UNIT

Who operates PHEASANT UNIT?
PHEASANT UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
Where is PHEASANT UNIT?
PHEASANT UNIT is a Texas oil lease in Atascosa County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16256.
Is PHEASANT UNIT still producing?
PHEASANT UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHEASANT UNIT is August 2026.
How much has PHEASANT UNIT produced?
PHEASANT UNIT has reported 241,583 barrels of oil (bbl) to the Railroad Commission of Texas between September 2012 and August 2026, from 2 wellbores.
How much is PHEASANT UNIT worth?
The remaining production from PHEASANT UNIT is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHEASANT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PHEASANT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHEASANT UNIT is an estimate of value, not an offer and not an appraisal.
How much income does PHEASANT UNIT generate in a year?
PHEASANT UNIT is forecast to net about $321K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PHEASANT UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PHEASANT UNIT as filed with the Railroad Commission of Texas
OperatorEog Resources, Inc.
FieldEagleville (Eagle Ford-1)
CountyAtascosa County, Texas
RRC district01
Lease number16256
Wellbores2
Reported production241,583 bbl
First reported
Last reported
Estimated royalty value$1.4M

Where PHEASANT 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.