LOVE UNIT
LOVE UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Plains Exploration & Prod. Co. It has 12 wellbores on file with the Commission. Reported production runs from September 2012 to August 2026, totalling 3,244,597 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 $5.7M, with roughly $1.8M 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 2,992 barrels a month, about 249 per wellbore. Its strongest month on the record we hold was November 2016, at 64,381 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 LOVE UNIT
- Who operates LOVE UNIT?
- LOVE UNIT is operated by Plains Exploration & Prod. Co., Railroad Commission of Texas operator number 667862.
- Where is LOVE UNIT?
- LOVE UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10791.
- 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 3,244,597 barrels of oil (bbl) to the Railroad Commission of Texas between September 2012 and August 2026, from 12 wellbores.
- How much is LOVE UNIT worth?
- The remaining production from LOVE UNIT is estimated to be worth about $5.7M in total as of 26 August 2026, within a range of $4.7M to $6.6M. 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 $1.8M 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 | Plains Exploration & Prod. Co. |
|---|---|
| Field | Sugarkane (Eagle Ford) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 10791 |
| Wellbores | 12 |
| Reported production | 3,244,597 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.7M |
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.