WEDDINGTON UNIT
WEDDINGTON UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Plains Exploration & Prod. Co. It has 5 wellbores on file with the Commission. Reported production runs from April 2012 to August 2026, totalling 393,435 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 $551K, with roughly $160K 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 267 barrels a month, about 53 per wellbore. Its strongest month on the record we hold was May 2016, at 5,830 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 WEDDINGTON UNIT
- Who operates WEDDINGTON UNIT?
- WEDDINGTON UNIT is operated by Plains Exploration & Prod. Co., Railroad Commission of Texas operator number 667862.
- Where is WEDDINGTON UNIT?
- WEDDINGTON UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 09973.
- Is WEDDINGTON UNIT still producing?
- WEDDINGTON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEDDINGTON UNIT is August 2026.
- How much has WEDDINGTON UNIT produced?
- WEDDINGTON UNIT has reported 393,435 barrels of oil (bbl) to the Railroad Commission of Texas between April 2012 and August 2026, from 5 wellbores.
- How much is WEDDINGTON UNIT worth?
- The remaining production from WEDDINGTON UNIT is estimated to be worth about $551K in total as of 27 August 2026, within a range of $430K to $672K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEDDINGTON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WEDDINGTON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEDDINGTON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WEDDINGTON UNIT generate in a year?
- WEDDINGTON UNIT is forecast to net about $160K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WEDDINGTON UNIT 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 | 09973 |
| Wellbores | 5 |
| Reported production | 393,435 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $551K |
Where WEDDINGTON 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.