KING-ERB UNIT B
KING-ERB UNIT B is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Murphy Expl. & Prod. Co. - USA. It has 4 wellbores on file with the Commission. Reported production runs from June 2014 to August 2026, totalling 716,743 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 $460K, with roughly $395K 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 2,076 barrels a month, about 519 per wellbore. Its strongest month on the record we hold was July 2016, at 9,560 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 KING-ERB UNIT B
- Who operates KING-ERB UNIT B?
- KING-ERB UNIT B is operated by Murphy Expl. & Prod. Co. - USA, Railroad Commission of Texas operator number 594675.
- Where is KING-ERB UNIT B?
- KING-ERB UNIT B is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18012.
- Is KING-ERB UNIT B still producing?
- KING-ERB UNIT B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KING-ERB UNIT B is August 2026.
- How much has KING-ERB UNIT B produced?
- KING-ERB UNIT B has reported 716,743 barrels of oil (bbl) to the Railroad Commission of Texas between June 2014 and August 2026, from 4 wellbores.
- How much is KING-ERB UNIT B worth?
- The remaining production from KING-ERB UNIT B is estimated to be worth about $460K in total as of 26 August 2026, within a range of $382K to $538K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KING-ERB UNIT B is a fraction of it. The estimate fits an Arps decline curve to the production KING-ERB UNIT B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KING-ERB UNIT B is an estimate of value, not an offer and not an appraisal.
- How much income does KING-ERB UNIT B generate in a year?
- KING-ERB UNIT B is forecast to net about $395K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KING-ERB UNIT B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Murphy Expl. & Prod. Co. - USA |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 18012 |
| Wellbores | 4 |
| Reported production | 716,743 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $460K |
Where KING-ERB UNIT B 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.