COLLEEN UNIT
COLLEEN UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Plains Exploration & Prod. Co. It has 4 wellbores on file with the Commission. Reported production runs from January 2013 to August 2026, totalling 781,066 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 $769K 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 1,402 barrels a month, about 350 per wellbore. Its strongest month on the record we hold was May 2016, at 6,110 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 COLLEEN UNIT
- Who operates COLLEEN UNIT?
- COLLEEN UNIT is operated by Plains Exploration & Prod. Co., Railroad Commission of Texas operator number 667862.
- Where is COLLEEN UNIT?
- COLLEEN UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10379.
- Is COLLEEN UNIT still producing?
- COLLEEN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COLLEEN UNIT is August 2026.
- How much has COLLEEN UNIT produced?
- COLLEEN UNIT has reported 781,066 barrels of oil (bbl) to the Railroad Commission of Texas between January 2013 and August 2026, from 4 wellbores.
- How much is COLLEEN UNIT worth?
- The remaining production from COLLEEN UNIT is estimated to be worth about $2.4M in total as of 27 August 2026, within a range of $2.0M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COLLEEN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production COLLEEN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COLLEEN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does COLLEEN UNIT generate in a year?
- COLLEEN UNIT is forecast to net about $769K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COLLEEN 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 | 10379 |
| Wellbores | 4 |
| Reported production | 781,066 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where COLLEEN 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.