JULIE
JULIE is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Plains Exploration & Prod. Co. It has 24 wellbores on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 3,844,584 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 $25.6M, with roughly $9.1M 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 14,348 barrels a month, about 598 per wellbore. Its strongest month on the record we hold was July 2022, at 76,740 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 JULIE
- Who operates JULIE?
- JULIE is operated by Plains Exploration & Prod. Co., Railroad Commission of Texas operator number 667862.
- Where is JULIE?
- JULIE is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09558.
- Is JULIE still producing?
- JULIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JULIE is August 2026.
- How much has JULIE produced?
- JULIE has reported 3,844,584 barrels of oil (bbl) to the Railroad Commission of Texas between December 2010 and August 2026, from 24 wellbores.
- How much is JULIE worth?
- The remaining production from JULIE is estimated to be worth about $25.6M in total as of 26 August 2026, within a range of $21.0M to $30.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JULIE is a fraction of it. The estimate fits an Arps decline curve to the production JULIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JULIE is an estimate of value, not an offer and not an appraisal.
- How much income does JULIE generate in a year?
- JULIE is forecast to net about $9.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JULIE 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 | 09558 |
| Wellbores | 24 |
| Reported production | 3,844,584 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $25.6M |
Where JULIE 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.