REDHEAD UNIT

REDHEAD 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 April 2013 to August 2026, totalling 78,106 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 $709K, with roughly $134K 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 171 barrels a month. Its strongest month on the record we hold was May 2017, at 1,148 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 REDHEAD UNIT

Who operates REDHEAD UNIT?
REDHEAD UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
Where is REDHEAD UNIT?
REDHEAD UNIT is a Texas oil lease in Atascosa County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16951.
Is REDHEAD UNIT still producing?
REDHEAD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REDHEAD UNIT is August 2026.
How much has REDHEAD UNIT produced?
REDHEAD UNIT has reported 78,106 barrels of oil (bbl) to the Railroad Commission of Texas between April 2013 and August 2026, from 1 wellbore.
How much is REDHEAD UNIT worth?
The remaining production from REDHEAD UNIT is estimated to be worth about $709K in total as of 26 August 2026, within a range of $553K to $865K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REDHEAD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production REDHEAD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REDHEAD UNIT is an estimate of value, not an offer and not an appraisal.
How much income does REDHEAD UNIT generate in a year?
REDHEAD UNIT is forecast to net about $134K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REDHEAD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

REDHEAD UNIT as filed with the Railroad Commission of Texas
OperatorEog Resources, Inc.
FieldEagleville (Eagle Ford-1)
CountyAtascosa County, Texas
RRC district01
Lease number16951
Wellbores1
Reported production78,106 bbl
First reported
Last reported
Estimated royalty value$709K

Where REDHEAD 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.