LOVE UNIT
LOVE UNIT is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Encana Oil & Gas(USA) Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2018 to August 2026, totalling 736,563 thousand cubic feet. 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 $108K, with roughly $90K 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 1,385 thousand cubic feet a month. Its strongest month on the record we hold was December 2018, at 54,269 thousand cubic feet. 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 LOVE UNIT
- Who operates LOVE UNIT?
- LOVE UNIT is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is LOVE UNIT?
- LOVE UNIT is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 286233.
- Is LOVE UNIT still producing?
- LOVE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOVE UNIT is August 2026.
- How much has LOVE UNIT produced?
- LOVE UNIT has reported 736,563 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2018 and August 2026, from 1 wellbore.
- How much is LOVE UNIT worth?
- The remaining production from LOVE UNIT is estimated to be worth about $108K in total as of 26 August 2026, within a range of $90K to $126K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOVE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LOVE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOVE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LOVE UNIT generate in a year?
- LOVE UNIT is forecast to net about $90K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOVE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Sugarkane (Austin Chalk) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 286233 |
| Wellbores | 1 |
| Reported production | 736,563 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $108K |
Where LOVE 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.