ESPADA E
ESPADA E is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2023 to August 2026, totalling 254,548 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 $8.4M, with roughly $2.4M 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 3,988 barrels a month. Its strongest month on the record we hold was June 2023, at 20,826 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 ESPADA E
- Who operates ESPADA E?
- ESPADA E is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is ESPADA E?
- ESPADA E is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 12621.
- Is ESPADA E still producing?
- ESPADA E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ESPADA E is August 2026.
- How much has ESPADA E produced?
- ESPADA E has reported 254,548 barrels of oil (bbl) to the Railroad Commission of Texas between May 2023 and August 2026, from 1 wellbore.
- How much is ESPADA E worth?
- The remaining production from ESPADA E is estimated to be worth about $8.4M in total as of 26 August 2026, within a range of $6.9M to $9.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ESPADA E is a fraction of it. The estimate fits an Arps decline curve to the production ESPADA E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ESPADA E is an estimate of value, not an offer and not an appraisal.
- How much income does ESPADA E generate in a year?
- ESPADA E is forecast to net about $2.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ESPADA E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 12621 |
| Wellbores | 1 |
| Reported production | 254,548 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.4M |
Where ESPADA E 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.