EL PATRON UNIT
EL PATRON UNIT is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Eog Resources, Inc. It has 8 wellbores on file with the Commission. Reported production runs from January 2016 to August 2026, totalling 3,104,026 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 $51.2M, with roughly $13.9M 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 18,933 barrels a month, about 2,367 per wellbore. Its strongest month on the record we hold was June 2019, at 131,144 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 EL PATRON UNIT
- Who operates EL PATRON UNIT?
- EL PATRON UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is EL PATRON UNIT?
- EL PATRON UNIT is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49998.
- Is EL PATRON UNIT still producing?
- EL PATRON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EL PATRON UNIT is August 2026.
- How much has EL PATRON UNIT produced?
- EL PATRON UNIT has reported 3,104,026 barrels of oil (bbl) to the Railroad Commission of Texas between January 2016 and August 2026, from 8 wellbores.
- How much is EL PATRON UNIT worth?
- The remaining production from EL PATRON UNIT is estimated to be worth about $51.2M in total as of 27 August 2026, within a range of $42.0M to $60.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EL PATRON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production EL PATRON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EL PATRON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does EL PATRON UNIT generate in a year?
- EL PATRON UNIT is forecast to net about $13.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EL PATRON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 49998 |
| Wellbores | 8 |
| Reported production | 3,104,026 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $51.2M |
Where EL PATRON 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.