NOVOSAD UNIT
NOVOSAD UNIT is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2016 to August 2026, totalling 236,087 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 $1.8M, with roughly $388K 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 503 barrels a month. Its strongest month on the record we hold was November 2016, at 18,772 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 NOVOSAD UNIT
- Who operates NOVOSAD UNIT?
- NOVOSAD UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is NOVOSAD UNIT?
- NOVOSAD UNIT is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18874.
- Is NOVOSAD UNIT still producing?
- NOVOSAD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NOVOSAD UNIT is August 2026.
- How much has NOVOSAD UNIT produced?
- NOVOSAD UNIT has reported 236,087 barrels of oil (bbl) to the Railroad Commission of Texas between October 2016 and August 2026, from 1 wellbore.
- How much is NOVOSAD UNIT worth?
- The remaining production from NOVOSAD UNIT is estimated to be worth about $1.8M in total as of 27 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NOVOSAD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NOVOSAD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NOVOSAD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NOVOSAD UNIT generate in a year?
- NOVOSAD UNIT is forecast to net about $388K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NOVOSAD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Smiley (Austin Chalk) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 18874 |
| Wellbores | 1 |
| Reported production | 236,087 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where NOVOSAD 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.