SHIPMAN UNIT
SHIPMAN UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Inpex Eagle Ford, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 262,954 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 $1.9M, with roughly $731K 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 1,226 barrels a month. Its strongest month on the record we hold was November 2018, at 34,766 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 SHIPMAN UNIT
- Who operates SHIPMAN UNIT?
- SHIPMAN UNIT is operated by Inpex Eagle Ford, LLC, Railroad Commission of Texas operator number 424753.
- Where is SHIPMAN UNIT?
- SHIPMAN UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11815.
- Is SHIPMAN UNIT still producing?
- SHIPMAN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHIPMAN UNIT is August 2026.
- How much has SHIPMAN UNIT produced?
- SHIPMAN UNIT has reported 262,954 barrels of oil (bbl) to the Railroad Commission of Texas between November 2018 and August 2026, from 1 wellbore.
- How much is SHIPMAN UNIT worth?
- The remaining production from SHIPMAN UNIT is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.6M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHIPMAN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SHIPMAN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHIPMAN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SHIPMAN UNIT generate in a year?
- SHIPMAN UNIT is forecast to net about $731K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHIPMAN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Inpex Eagle Ford, LLC |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 11815 |
| Wellbores | 1 |
| Reported production | 262,954 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where SHIPMAN 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.