INCUBUS UNIT

INCUBUS UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Magnolia Oil & Gas Operating LLC. It has 2 wellbores on file with the Commission. Reported production runs from May 2019 to August 2026, totalling 81,438 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 $837K, with roughly $157K 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 217 barrels a month, about 108 per wellbore. Its strongest month on the record we hold was June 2019, at 10,884 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 INCUBUS UNIT

Who operates INCUBUS UNIT?
INCUBUS UNIT is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
Where is INCUBUS UNIT?
INCUBUS UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11762.
Is INCUBUS UNIT still producing?
INCUBUS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for INCUBUS UNIT is August 2026.
How much has INCUBUS UNIT produced?
INCUBUS UNIT has reported 81,438 barrels of oil (bbl) to the Railroad Commission of Texas between May 2019 and August 2026, from 2 wellbores.
How much is INCUBUS UNIT worth?
The remaining production from INCUBUS UNIT is estimated to be worth about $837K in total as of 27 August 2026, within a range of $653K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in INCUBUS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production INCUBUS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for INCUBUS UNIT is an estimate of value, not an offer and not an appraisal.
How much income does INCUBUS UNIT generate in a year?
INCUBUS UNIT is forecast to net about $157K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in INCUBUS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

INCUBUS UNIT as filed with the Railroad Commission of Texas
OperatorMagnolia Oil & Gas Operating LLC
FieldEagleville (Eagle Ford-2)
CountyKarnes County, Texas
RRC district02
Lease number11762
Wellbores2
Reported production81,438 bbl
First reported
Last reported
Estimated royalty value$837K

Where INCUBUS 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.