ESTES UNIT
ESTES UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Eog Resources, Inc. It has 2 wellbores on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 161,039 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 $191K, with roughly $37K 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 46 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was February 2017, at 720 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 ESTES UNIT
- Who operates ESTES UNIT?
- ESTES UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is ESTES UNIT?
- ESTES UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09587.
- Is ESTES UNIT still producing?
- ESTES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ESTES UNIT is August 2026.
- How much has ESTES UNIT produced?
- ESTES UNIT has reported 161,039 barrels of oil (bbl) to the Railroad Commission of Texas between December 2010 and August 2026, from 2 wellbores.
- How much is ESTES UNIT worth?
- The remaining production from ESTES UNIT is estimated to be worth about $191K in total as of 26 August 2026, within a range of $105K to $278K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ESTES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ESTES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ESTES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ESTES UNIT generate in a year?
- ESTES UNIT is forecast to net about $37K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ESTES UNIT 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 | 09587 |
| Wellbores | 2 |
| Reported production | 161,039 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $191K |
Where ESTES 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.