GARZA UNIT
GARZA UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Oak Valley Operating, LLC. It has 3 wellbores on file with the Commission. Reported production runs from August 2014 to August 2026, totalling 347,244 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 $2.4M, with roughly $590K 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 849 barrels a month, about 283 per wellbore. Its strongest month on the record we hold was May 2016, at 4,721 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 GARZA UNIT
- Who operates GARZA UNIT?
- GARZA UNIT is operated by Oak Valley Operating, LLC, Railroad Commission of Texas operator number 617112.
- Where is GARZA UNIT?
- GARZA UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26529.
- Is GARZA UNIT still producing?
- GARZA UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARZA UNIT is August 2026.
- How much has GARZA UNIT produced?
- GARZA UNIT has reported 347,244 barrels of oil (bbl) to the Railroad Commission of Texas between August 2014 and August 2026, from 3 wellbores.
- How much is GARZA UNIT worth?
- The remaining production from GARZA UNIT is estimated to be worth about $2.4M in total as of 26 August 2026, within a range of $1.9M to $3.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARZA UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GARZA UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARZA UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GARZA UNIT generate in a year?
- GARZA UNIT is forecast to net about $590K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GARZA UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oak Valley Operating, LLC |
|---|---|
| Field | Southern Bay (Eagle Ford) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 26529 |
| Wellbores | 3 |
| Reported production | 347,244 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where GARZA 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.