CONCORD SOUTH
CONCORD SOUTH is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Gulftex Energy III, LP. It has 2 wellbores on file with the Commission. Reported production runs from September 2016 to August 2026, totalling 213,869 barrels. The lease is intermittent. 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 $492K, with roughly $189K 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 202 barrels a month, about 101 per wellbore. Its strongest month on the record we hold was September 2016, at 21,612 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 CONCORD SOUTH
- Who operates CONCORD SOUTH?
- CONCORD SOUTH is operated by Gulftex Energy III, LP, Railroad Commission of Texas operator number 338746.
- Where is CONCORD SOUTH?
- CONCORD SOUTH is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11350.
- Is CONCORD SOUTH still producing?
- CONCORD SOUTH is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CONCORD SOUTH is August 2026.
- How much has CONCORD SOUTH produced?
- CONCORD SOUTH has reported 213,869 barrels of oil (bbl) to the Railroad Commission of Texas between September 2016 and August 2026, from 2 wellbores.
- How much is CONCORD SOUTH worth?
- The remaining production from CONCORD SOUTH is estimated to be worth about $492K in total as of 27 August 2026, within a range of $384K to $601K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONCORD SOUTH is a fraction of it. The estimate fits an Arps decline curve to the production CONCORD SOUTH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONCORD SOUTH is an estimate of value, not an offer and not an appraisal.
- How much income does CONCORD SOUTH generate in a year?
- CONCORD SOUTH is forecast to net about $189K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CONCORD SOUTH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gulftex Energy III, LP |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 11350 |
| Wellbores | 2 |
| Reported production | 213,869 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $492K |
Where CONCORD SOUTH 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.