FITCH UNIT
FITCH UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Plains Exploration & Prod. Co. It has 8 wellbores on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 1,256,450 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 $12.9M, with roughly $3.9M 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 6,721 barrels a month, about 840 per wellbore. Its strongest month on the record we hold was August 2023, at 59,118 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 FITCH UNIT
- Who operates FITCH UNIT?
- FITCH UNIT is operated by Plains Exploration & Prod. Co., Railroad Commission of Texas operator number 667862.
- Where is FITCH UNIT?
- FITCH UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09562.
- Is FITCH UNIT still producing?
- FITCH UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FITCH UNIT is August 2026.
- How much has FITCH UNIT produced?
- FITCH UNIT has reported 1,256,450 barrels of oil (bbl) to the Railroad Commission of Texas between December 2010 and August 2026, from 8 wellbores.
- How much is FITCH UNIT worth?
- The remaining production from FITCH UNIT is estimated to be worth about $12.9M in total as of 26 August 2026, within a range of $10.7M to $15.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FITCH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FITCH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FITCH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FITCH UNIT generate in a year?
- FITCH UNIT is forecast to net about $3.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FITCH UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Plains Exploration & Prod. Co. |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 09562 |
| Wellbores | 8 |
| Reported production | 1,256,450 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.9M |
Where FITCH 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.