MCKNIGHT 29 UNIT
MCKNIGHT 29 UNIT is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Eog Resources, Inc. It has 4 wellbores on file with the Commission. Reported production runs from June 2019 to August 2026, totalling 1,043,479 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 $8.9M, with roughly $2.4M 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 3,347 barrels a month, about 837 per wellbore. Its strongest month on the record we hold was July 2019, at 150,683 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 MCKNIGHT 29 UNIT
- Who operates MCKNIGHT 29 UNIT?
- MCKNIGHT 29 UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is MCKNIGHT 29 UNIT?
- MCKNIGHT 29 UNIT is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52863.
- Is MCKNIGHT 29 UNIT still producing?
- MCKNIGHT 29 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCKNIGHT 29 UNIT is August 2026.
- How much has MCKNIGHT 29 UNIT produced?
- MCKNIGHT 29 UNIT has reported 1,043,479 barrels of oil (bbl) to the Railroad Commission of Texas between June 2019 and August 2026, from 4 wellbores.
- How much is MCKNIGHT 29 UNIT worth?
- The remaining production from MCKNIGHT 29 UNIT is estimated to be worth about $8.9M in total as of 26 August 2026, within a range of $7.4M to $10.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCKNIGHT 29 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MCKNIGHT 29 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCKNIGHT 29 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MCKNIGHT 29 UNIT generate in a year?
- MCKNIGHT 29 UNIT is forecast to net about $2.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCKNIGHT 29 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 | 52863 |
| Wellbores | 4 |
| Reported production | 1,043,479 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.9M |
Where MCKNIGHT 29 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.