SOUTH ESPERSON UNIT
SOUTH ESPERSON UNIT is a Texas oil lease in Liberty County, Railroad Commission district 03, operated by Bledsoe Petro Corporation. It has 27 wellbores on file with the Commission. Reported production runs from May 1994 to August 2026, totalling 249,023 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 $1.0M, with roughly $251K 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 363 barrels a month, about 13 per wellbore. Its strongest month on the record we hold was October 2016, at 583 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 SOUTH ESPERSON UNIT
- Who operates SOUTH ESPERSON UNIT?
- SOUTH ESPERSON UNIT is operated by Bledsoe Petro Corporation, Railroad Commission of Texas operator number 075677.
- Where is SOUTH ESPERSON UNIT?
- SOUTH ESPERSON UNIT is a Texas oil lease in Liberty County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22358.
- Is SOUTH ESPERSON UNIT still producing?
- SOUTH ESPERSON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTH ESPERSON UNIT is August 2026.
- How much has SOUTH ESPERSON UNIT produced?
- SOUTH ESPERSON UNIT has reported 249,023 barrels of oil (bbl) to the Railroad Commission of Texas between May 1994 and August 2026, from 27 wellbores.
- How much is SOUTH ESPERSON UNIT worth?
- The remaining production from SOUTH ESPERSON UNIT is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $781K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTH ESPERSON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SOUTH ESPERSON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTH ESPERSON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTH ESPERSON UNIT generate in a year?
- SOUTH ESPERSON UNIT is forecast to net about $251K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SOUTH ESPERSON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bledsoe Petro Corporation |
|---|---|
| Field | Esperson Dome |
| County | Liberty County, Texas |
| RRC district | 03 |
| Lease number | 22358 |
| Wellbores | 27 |
| Reported production | 249,023 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where SOUTH ESPERSON 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.