LANCELOT
LANCELOT is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Eog Resources, Inc. It has 4 wellbores on file with the Commission. Reported production runs from April 2015 to August 2026, totalling 1,003,175 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 $3.5M, with roughly $787K 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 1,179 barrels a month, about 295 per wellbore. Its strongest month on the record we hold was May 2016, at 17,879 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 LANCELOT
- Who operates LANCELOT?
- LANCELOT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is LANCELOT?
- LANCELOT is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18401.
- Is LANCELOT still producing?
- LANCELOT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LANCELOT is August 2026.
- How much has LANCELOT produced?
- LANCELOT has reported 1,003,175 barrels of oil (bbl) to the Railroad Commission of Texas between April 2015 and August 2026, from 4 wellbores.
- How much is LANCELOT worth?
- The remaining production from LANCELOT is estimated to be worth about $3.5M in total as of 27 August 2026, within a range of $2.9M to $4.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LANCELOT is a fraction of it. The estimate fits an Arps decline curve to the production LANCELOT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LANCELOT is an estimate of value, not an offer and not an appraisal.
- How much income does LANCELOT generate in a year?
- LANCELOT is forecast to net about $787K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LANCELOT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 18401 |
| Wellbores | 4 |
| Reported production | 1,003,175 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where LANCELOT 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.