DREES UNIT PSA B
DREES UNIT PSA B is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Murphy Expl. & Prod. Co. - USA. It has 2 wellbores on file with the Commission. Reported production runs from March 2017 to August 2026, totalling 211,781 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 $2.2M, with roughly $613K 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 779 barrels a month, about 389 per wellbore. Its strongest month on the record we hold was April 2017, at 18,937 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 DREES UNIT PSA B
- Who operates DREES UNIT PSA B?
- DREES UNIT PSA B is operated by Murphy Expl. & Prod. Co. - USA, Railroad Commission of Texas operator number 594675.
- Where is DREES UNIT PSA B?
- DREES UNIT PSA B is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11327.
- Is DREES UNIT PSA B still producing?
- DREES UNIT PSA B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DREES UNIT PSA B is August 2026.
- How much has DREES UNIT PSA B produced?
- DREES UNIT PSA B has reported 211,781 barrels of oil (bbl) to the Railroad Commission of Texas between March 2017 and August 2026, from 2 wellbores.
- How much is DREES UNIT PSA B worth?
- The remaining production from DREES UNIT PSA B is estimated to be worth about $2.2M in total as of 26 August 2026, within a range of $1.7M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DREES UNIT PSA B is a fraction of it. The estimate fits an Arps decline curve to the production DREES UNIT PSA B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DREES UNIT PSA B is an estimate of value, not an offer and not an appraisal.
- How much income does DREES UNIT PSA B generate in a year?
- DREES UNIT PSA B is forecast to net about $613K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DREES UNIT PSA B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Murphy Expl. & Prod. Co. - USA |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 11327 |
| Wellbores | 2 |
| Reported production | 211,781 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where DREES UNIT PSA B 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.