PILGRIM UNIT
PILGRIM UNIT is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Earthstone Operating, LLC. It has 3 wellbores on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 794,248 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 $11.0M, with roughly $2.5M 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 3,953 barrels a month, about 1,318 per wellbore. Its strongest month on the record we hold was January 2018, at 34,516 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 PILGRIM UNIT
- Who operates PILGRIM UNIT?
- PILGRIM UNIT is operated by Earthstone Operating, LLC, Railroad Commission of Texas operator number 238732.
- Where is PILGRIM UNIT?
- PILGRIM UNIT is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 19074.
- Is PILGRIM UNIT still producing?
- PILGRIM UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PILGRIM UNIT is August 2026.
- How much has PILGRIM UNIT produced?
- PILGRIM UNIT has reported 794,248 barrels of oil (bbl) to the Railroad Commission of Texas between May 2017 and August 2026, from 3 wellbores.
- How much is PILGRIM UNIT worth?
- The remaining production from PILGRIM UNIT is estimated to be worth about $11.0M in total as of 26 August 2026, within a range of $9.1M to $12.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PILGRIM UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PILGRIM UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PILGRIM UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PILGRIM UNIT generate in a year?
- PILGRIM UNIT is forecast to net about $2.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PILGRIM UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Earthstone Operating, LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 19074 |
| Wellbores | 3 |
| Reported production | 794,248 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.0M |
Where PILGRIM 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.