LAZY OAK UNIT
LAZY OAK UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Eog Resources, Inc. It has 5 wellbores on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 1,472,180 barrels. The lease is intermittent. 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 $3.5M, with roughly $2.2M 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 5,598 barrels a month, about 1,120 per wellbore. Its strongest month on the record we hold was September 2025, at 8,254 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 LAZY OAK UNIT
- Who operates LAZY OAK UNIT?
- LAZY OAK UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is LAZY OAK UNIT?
- LAZY OAK UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09816.
- Is LAZY OAK UNIT still producing?
- LAZY OAK UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for LAZY OAK UNIT is August 2026.
- How much has LAZY OAK UNIT produced?
- LAZY OAK UNIT has reported 1,472,180 barrels of oil (bbl) to the Railroad Commission of Texas between October 2011 and August 2026, from 5 wellbores.
- How much is LAZY OAK UNIT worth?
- The remaining production from LAZY OAK UNIT is estimated to be worth about $3.5M in total as of 27 August 2026, within a range of $2.9M to $4.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAZY OAK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LAZY OAK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAZY OAK UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LAZY OAK UNIT generate in a year?
- LAZY OAK UNIT is forecast to net about $2.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LAZY OAK 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 | 09816 |
| Wellbores | 5 |
| Reported production | 1,472,180 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where LAZY OAK 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.