LEONARD AC UNIT
LEONARD AC UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Eog Resources, Inc. It has 12 wellbores on file with the Commission. Reported production runs from January 2016 to August 2026, totalling 3,903,062 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 $18.4M, with roughly $4.9M 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 6,126 barrels a month, about 511 per wellbore. Its strongest month on the record we hold was May 2019, at 184,015 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 LEONARD AC UNIT
- Who operates LEONARD AC UNIT?
- LEONARD AC UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is LEONARD AC UNIT?
- LEONARD AC UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11170.
- Is LEONARD AC UNIT still producing?
- LEONARD AC UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEONARD AC UNIT is August 2026.
- How much has LEONARD AC UNIT produced?
- LEONARD AC UNIT has reported 3,903,062 barrels of oil (bbl) to the Railroad Commission of Texas between January 2016 and August 2026, from 12 wellbores.
- How much is LEONARD AC UNIT worth?
- The remaining production from LEONARD AC UNIT is estimated to be worth about $18.4M in total as of 26 August 2026, within a range of $15.2M to $21.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEONARD AC UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LEONARD AC UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEONARD AC UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LEONARD AC UNIT generate in a year?
- LEONARD AC UNIT is forecast to net about $4.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEONARD AC UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Sugarkane (Austin Chalk) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 11170 |
| Wellbores | 12 |
| Reported production | 3,903,062 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $18.4M |
Where LEONARD AC 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.