GILBERT UNIT

GILBERT UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Murphy Expl. & Prod. Co. - USA. It has 8 wellbores on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 3,174,990 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 $20.8M, with roughly $6.4M 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 10,891 barrels a month, about 1,361 per wellbore. Its strongest month on the record we hold was May 2019, at 150,298 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 GILBERT UNIT

Who operates GILBERT UNIT?
GILBERT UNIT is operated by Murphy Expl. & Prod. Co. - USA, Railroad Commission of Texas operator number 594675.
Where is GILBERT UNIT?
GILBERT UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10094.
Is GILBERT UNIT still producing?
GILBERT UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GILBERT UNIT is August 2026.
How much has GILBERT UNIT produced?
GILBERT UNIT has reported 3,174,990 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 8 wellbores.
How much is GILBERT UNIT worth?
The remaining production from GILBERT UNIT is estimated to be worth about $20.8M in total as of 26 August 2026, within a range of $17.1M to $24.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GILBERT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GILBERT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GILBERT UNIT is an estimate of value, not an offer and not an appraisal.
How much income does GILBERT UNIT generate in a year?
GILBERT UNIT is forecast to net about $6.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GILBERT UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

GILBERT UNIT as filed with the Railroad Commission of Texas
OperatorMurphy Expl. & Prod. Co. - USA
FieldEagleville (Eagle Ford-2)
CountyKarnes County, Texas
RRC district02
Lease number10094
Wellbores8
Reported production3,174,990 bbl
First reported
Last reported
Estimated royalty value$20.8M

Where GILBERT 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.