BALCONES E UNIT D
BALCONES E UNIT D is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Petrolegacy Energy II, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2021 to August 2026, totalling 317,626 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 $2.0M 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 2,578 barrels a month. Its strongest month on the record we hold was March 2022, at 34,681 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 BALCONES E UNIT D
- Who operates BALCONES E UNIT D?
- BALCONES E UNIT D is operated by Petrolegacy Energy II, LLC, Railroad Commission of Texas operator number 660299.
- Where is BALCONES E UNIT D?
- BALCONES E UNIT D is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56703.
- Is BALCONES E UNIT D still producing?
- BALCONES E UNIT D is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BALCONES E UNIT D is August 2026.
- How much has BALCONES E UNIT D produced?
- BALCONES E UNIT D has reported 317,626 barrels of oil (bbl) to the Railroad Commission of Texas between August 2021 and August 2026, from 1 wellbore.
- How much is BALCONES E UNIT D worth?
- The remaining production from BALCONES E UNIT D is estimated to be worth about $8.9M in total as of 26 August 2026, within a range of $7.4M to $10.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BALCONES E UNIT D is a fraction of it. The estimate fits an Arps decline curve to the production BALCONES E UNIT D has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BALCONES E UNIT D is an estimate of value, not an offer and not an appraisal.
- How much income does BALCONES E UNIT D generate in a year?
- BALCONES E UNIT D is forecast to net about $2.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BALCONES E UNIT D receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petrolegacy Energy II, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 56703 |
| Wellbores | 1 |
| Reported production | 317,626 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.9M |
Where BALCONES E UNIT D 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.