CONRAD UNIT
CONRAD UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Blackbrush O & G, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2015 to August 2026, totalling 82,246 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 $1.5M, with roughly $376K 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 543 barrels a month. Its strongest month on the record we hold was July 2017, at 2,816 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 CONRAD UNIT
- Who operates CONRAD UNIT?
- CONRAD UNIT is operated by Blackbrush O & G, LLC, Railroad Commission of Texas operator number 073059.
- Where is CONRAD UNIT?
- CONRAD UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11142.
- Is CONRAD UNIT still producing?
- CONRAD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONRAD UNIT is August 2026.
- How much has CONRAD UNIT produced?
- CONRAD UNIT has reported 82,246 barrels of oil (bbl) to the Railroad Commission of Texas between October 2015 and August 2026, from 1 wellbore.
- How much is CONRAD UNIT worth?
- The remaining production from CONRAD UNIT is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.1M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONRAD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CONRAD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONRAD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CONRAD UNIT generate in a year?
- CONRAD UNIT is forecast to net about $376K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONRAD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blackbrush O & G, LLC |
|---|---|
| Field | Sugarkane (Austin Chalk) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 11142 |
| Wellbores | 1 |
| Reported production | 82,246 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where CONRAD 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.