CHARLOTTE UNIT
CHARLOTTE UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Plains Exploration & Prod. Co. It has 14 wellbores on file with the Commission. Reported production runs from June 2012 to August 2026, totalling 4,218,271 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 $22.2M, with roughly $4.9M 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 6,040 barrels a month, about 431 per wellbore. Its strongest month on the record we hold was May 2016, at 52,768 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 CHARLOTTE UNIT
- Who operates CHARLOTTE UNIT?
- CHARLOTTE UNIT is operated by Plains Exploration & Prod. Co., Railroad Commission of Texas operator number 667862.
- Where is CHARLOTTE UNIT?
- CHARLOTTE UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10049.
- Is CHARLOTTE UNIT still producing?
- CHARLOTTE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHARLOTTE UNIT is August 2026.
- How much has CHARLOTTE UNIT produced?
- CHARLOTTE UNIT has reported 4,218,271 barrels of oil (bbl) to the Railroad Commission of Texas between June 2012 and August 2026, from 14 wellbores.
- How much is CHARLOTTE UNIT worth?
- The remaining production from CHARLOTTE UNIT is estimated to be worth about $22.2M in total as of 26 August 2026, within a range of $18.4M to $26.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHARLOTTE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CHARLOTTE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHARLOTTE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CHARLOTTE UNIT generate in a year?
- CHARLOTTE UNIT is forecast to net about $4.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHARLOTTE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Plains Exploration & Prod. Co. |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 10049 |
| Wellbores | 14 |
| Reported production | 4,218,271 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $22.2M |
Where CHARLOTTE 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.