JUSTISS UNIT
JUSTISS UNIT is a Texas oil lease in De Witt County, Railroad Commission district 02, operated by Eog Resources, Inc. It has 13 wellbores on file with the Commission. Reported production runs from May 2013 to August 2026, totalling 3,506,460 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 $8.7M, with roughly $1.9M 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 2,185 barrels a month, about 168 per wellbore. Its strongest month on the record we hold was May 2016, at 73,530 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 JUSTISS UNIT
- Who operates JUSTISS UNIT?
- JUSTISS UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is JUSTISS UNIT?
- JUSTISS UNIT is a Texas oil lease in De Witt County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10587.
- Is JUSTISS UNIT still producing?
- JUSTISS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JUSTISS UNIT is August 2026.
- How much has JUSTISS UNIT produced?
- JUSTISS UNIT has reported 3,506,460 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 13 wellbores.
- How much is JUSTISS UNIT worth?
- The remaining production from JUSTISS UNIT is estimated to be worth about $8.7M in total as of 26 August 2026, within a range of $7.3M to $10.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JUSTISS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production JUSTISS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JUSTISS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does JUSTISS UNIT generate in a year?
- JUSTISS UNIT is forecast to net about $1.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JUSTISS 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-2) |
| County | De Witt County, Texas |
| RRC district | 02 |
| Lease number | 10587 |
| Wellbores | 13 |
| Reported production | 3,506,460 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.7M |
Where JUSTISS 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.