TIBETAN RED UNIT

TIBETAN RED 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 June 2015 to August 2026, totalling 132,503 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 $959K, with roughly $217K 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 298 barrels a month. Its strongest month on the record we hold was May 2016, at 2,996 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 TIBETAN RED UNIT

Who operates TIBETAN RED UNIT?
TIBETAN RED UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
Where is TIBETAN RED UNIT?
TIBETAN RED UNIT is a Texas oil lease in Atascosa County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18468.
Is TIBETAN RED UNIT still producing?
TIBETAN RED UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TIBETAN RED UNIT is August 2026.
How much has TIBETAN RED UNIT produced?
TIBETAN RED UNIT has reported 132,503 barrels of oil (bbl) to the Railroad Commission of Texas between June 2015 and August 2026, from 1 wellbore.
How much is TIBETAN RED UNIT worth?
The remaining production from TIBETAN RED UNIT is estimated to be worth about $959K in total as of 27 August 2026, within a range of $748K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIBETAN RED UNIT is a fraction of it. The estimate fits an Arps decline curve to the production TIBETAN RED UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIBETAN RED UNIT is an estimate of value, not an offer and not an appraisal.
How much income does TIBETAN RED UNIT generate in a year?
TIBETAN RED UNIT is forecast to net about $217K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TIBETAN RED UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

TIBETAN RED UNIT as filed with the Railroad Commission of Texas
OperatorEog Resources, Inc.
FieldEagleville (Eagle Ford-1)
CountyAtascosa County, Texas
RRC district01
Lease number18468
Wellbores1
Reported production132,503 bbl
First reported
Last reported
Estimated royalty value$959K

Where TIBETAN RED 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.