7K UNIT I LAS

7K UNIT I LAS is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 259,903 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 $783K, with roughly $248K 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 457 barrels a month. Its strongest month on the record we hold was May 2016, at 1,505 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 7K UNIT I LAS

Who operates 7K UNIT I LAS?
7K UNIT I LAS is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
Where is 7K UNIT I LAS?
7K UNIT I LAS is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16183.
Is 7K UNIT I LAS still producing?
7K UNIT I LAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for 7K UNIT I LAS is August 2026.
How much has 7K UNIT I LAS produced?
7K UNIT I LAS has reported 259,903 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 1 wellbore.
How much is 7K UNIT I LAS worth?
The remaining production from 7K UNIT I LAS is estimated to be worth about $783K in total as of 27 August 2026, within a range of $611K to $955K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in 7K UNIT I LAS is a fraction of it. The estimate fits an Arps decline curve to the production 7K UNIT I LAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for 7K UNIT I LAS is an estimate of value, not an offer and not an appraisal.
How much income does 7K UNIT I LAS generate in a year?
7K UNIT I LAS is forecast to net about $248K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in 7K UNIT I LAS receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

7K UNIT I LAS as filed with the Railroad Commission of Texas
OperatorChesapeake Operating, Inc.
FieldEagleville (Eagle Ford-1)
CountyLa Salle County, Texas
RRC district01
Lease number16183
Wellbores1
Reported production259,903 bbl
First reported
Last reported
Estimated royalty value$783K

Where 7K UNIT I LAS 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.