MARGARET UNIT 1
MARGARET UNIT 1 is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Riley Exploration, LLC. It has 2 wellbores on file with the Commission. Reported production runs from April 2011 to August 2026, totalling 356,402 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 $714K, with roughly $212K 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 383 barrels a month, about 191 per wellbore. Its strongest month on the record we hold was August 2020, at 1,880 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 MARGARET UNIT 1
- Who operates MARGARET UNIT 1?
- MARGARET UNIT 1 is operated by Riley Exploration, LLC, Railroad Commission of Texas operator number 712156.
- Where is MARGARET UNIT 1?
- MARGARET UNIT 1 is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09663.
- Is MARGARET UNIT 1 still producing?
- MARGARET UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARGARET UNIT 1 is August 2026.
- How much has MARGARET UNIT 1 produced?
- MARGARET UNIT 1 has reported 356,402 barrels of oil (bbl) to the Railroad Commission of Texas between April 2011 and August 2026, from 2 wellbores.
- How much is MARGARET UNIT 1 worth?
- The remaining production from MARGARET UNIT 1 is estimated to be worth about $714K in total as of 27 August 2026, within a range of $557K to $871K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARGARET UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production MARGARET UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARGARET UNIT 1 is an estimate of value, not an offer and not an appraisal.
- How much income does MARGARET UNIT 1 generate in a year?
- MARGARET UNIT 1 is forecast to net about $212K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARGARET UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Riley Exploration, LLC |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 09663 |
| Wellbores | 2 |
| Reported production | 356,402 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $714K |
Where MARGARET UNIT 1 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.