OLINICK UNIT B
OLINICK UNIT B is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Plains Exploration & Prod. Co. It has 1 wellbore on file with the Commission. Reported production runs from April 2012 to August 2026, totalling 102,939 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 $377K, with roughly $67K 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 109 barrels a month. Its strongest month on the record we hold was March 2024, at 4,075 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 OLINICK UNIT B
- Who operates OLINICK UNIT B?
- OLINICK UNIT B is operated by Plains Exploration & Prod. Co., Railroad Commission of Texas operator number 667862.
- Where is OLINICK UNIT B?
- OLINICK UNIT B is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09998.
- Is OLINICK UNIT B still producing?
- OLINICK UNIT B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OLINICK UNIT B is August 2026.
- How much has OLINICK UNIT B produced?
- OLINICK UNIT B has reported 102,939 barrels of oil (bbl) to the Railroad Commission of Texas between April 2012 and August 2026, from 1 wellbore.
- How much is OLINICK UNIT B worth?
- The remaining production from OLINICK UNIT B is estimated to be worth about $377K in total as of 26 August 2026, within a range of $294K to $460K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OLINICK UNIT B is a fraction of it. The estimate fits an Arps decline curve to the production OLINICK UNIT B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OLINICK UNIT B is an estimate of value, not an offer and not an appraisal.
- How much income does OLINICK UNIT B generate in a year?
- OLINICK UNIT B is forecast to net about $67K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OLINICK UNIT B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Plains Exploration & Prod. Co. |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 09998 |
| Wellbores | 1 |
| Reported production | 102,939 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $377K |
Where OLINICK UNIT B 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.