TECHNIK UNIT
TECHNIK UNIT is a Texas oil lease in Lavaca County, Railroad Commission district 02, operated by Penn Virginia Oil & Gas, L.P. It has 3 wellbores on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 434,795 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 $463K, with roughly $194K 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 338 barrels a month, about 113 per wellbore. Its strongest month on the record we hold was May 2016, at 3,926 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 TECHNIK UNIT
- Who operates TECHNIK UNIT?
- TECHNIK UNIT is operated by Penn Virginia Oil & Gas, L.P., Railroad Commission of Texas operator number 651780.
- Where is TECHNIK UNIT?
- TECHNIK UNIT is a Texas oil lease in Lavaca County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10398.
- Is TECHNIK UNIT still producing?
- TECHNIK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TECHNIK UNIT is August 2026.
- How much has TECHNIK UNIT produced?
- TECHNIK UNIT has reported 434,795 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 and August 2026, from 3 wellbores.
- How much is TECHNIK UNIT worth?
- The remaining production from TECHNIK UNIT is estimated to be worth about $463K in total as of 26 August 2026, within a range of $361K to $565K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TECHNIK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production TECHNIK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TECHNIK UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does TECHNIK UNIT generate in a year?
- TECHNIK UNIT is forecast to net about $194K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TECHNIK UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Penn Virginia Oil & Gas, L.P. |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Lavaca County, Texas |
| RRC district | 02 |
| Lease number | 10398 |
| Wellbores | 3 |
| Reported production | 434,795 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $463K |
Where TECHNIK 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.