CARACARA UNIT
CARACARA UNIT is a Texas oil lease in Fayette County, Railroad Commission district 01, operated by Penn Virginia Oil & Gas, L.P. It has 4 wellbores on file with the Commission. Reported production runs from July 2019 to August 2026, totalling 504,491 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 $1.7M, with roughly $809K 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 1,422 barrels a month, about 355 per wellbore. Its strongest month on the record we hold was September 2019, at 66,062 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 CARACARA UNIT
- Who operates CARACARA UNIT?
- CARACARA UNIT is operated by Penn Virginia Oil & Gas, L.P., Railroad Commission of Texas operator number 651780.
- Where is CARACARA UNIT?
- CARACARA UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 19962.
- Is CARACARA UNIT still producing?
- CARACARA UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARACARA UNIT is August 2026.
- How much has CARACARA UNIT produced?
- CARACARA UNIT has reported 504,491 barrels of oil (bbl) to the Railroad Commission of Texas between July 2019 and August 2026, from 4 wellbores.
- How much is CARACARA UNIT worth?
- The remaining production from CARACARA UNIT is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.5M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARACARA UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CARACARA UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARACARA UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CARACARA UNIT generate in a year?
- CARACARA UNIT is forecast to net about $809K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARACARA UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Penn Virginia Oil & Gas, L.P. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Fayette County, Texas |
| RRC district | 01 |
| Lease number | 19962 |
| Wellbores | 4 |
| Reported production | 504,491 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where CARACARA 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.