SMITH B UNIT
SMITH B UNIT is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Hess Corporation. It has 3 wellbores on file with the Commission. Reported production runs from December 2012 to August 2026, totalling 133,337 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 $1.3M, with roughly $207K 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 126 barrels a month, about 42 per wellbore. Its strongest month on the record we hold was December 2016, at 1,606 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 SMITH B UNIT
- Who operates SMITH B UNIT?
- SMITH B UNIT is operated by Hess Corporation, Railroad Commission of Texas operator number 381665.
- Where is SMITH B UNIT?
- SMITH B UNIT is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16389.
- Is SMITH B UNIT still producing?
- SMITH B UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH B UNIT is August 2026.
- How much has SMITH B UNIT produced?
- SMITH B UNIT has reported 133,337 barrels of oil (bbl) to the Railroad Commission of Texas between December 2012 and August 2026, from 3 wellbores.
- How much is SMITH B UNIT worth?
- The remaining production from SMITH B UNIT is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $997K to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH B UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SMITH B UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH B UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH B UNIT generate in a year?
- SMITH B UNIT is forecast to net about $207K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SMITH B UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hess Corporation |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 16389 |
| Wellbores | 3 |
| Reported production | 133,337 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where SMITH B 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.