GOODNIGHT UNIT
GOODNIGHT UNIT is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Eog Resources, Inc. It has 6 wellbores on file with the Commission. Reported production runs from May 2018 to August 2026, totalling 2,402,402 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 $1.5M, with roughly $1.1M 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 2,767 barrels a month, about 461 per wellbore. Its strongest month on the record we hold was July 2018, at 181,452 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 GOODNIGHT UNIT
- Who operates GOODNIGHT UNIT?
- GOODNIGHT UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is GOODNIGHT UNIT?
- GOODNIGHT UNIT is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50623.
- Is GOODNIGHT UNIT still producing?
- GOODNIGHT UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOODNIGHT UNIT is August 2026.
- How much has GOODNIGHT UNIT produced?
- GOODNIGHT UNIT has reported 2,402,402 barrels of oil (bbl) to the Railroad Commission of Texas between May 2018 and August 2026, from 6 wellbores.
- How much is GOODNIGHT UNIT worth?
- The remaining production from GOODNIGHT UNIT is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOODNIGHT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GOODNIGHT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOODNIGHT UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GOODNIGHT UNIT generate in a year?
- GOODNIGHT UNIT is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOODNIGHT 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 | 50623 |
| Wellbores | 6 |
| Reported production | 2,402,402 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where GOODNIGHT 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.