KOGER UNIT
KOGER UNIT is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Legacy Reserves Operating LP. It has 2 wellbores on file with the Commission. Reported production runs from October 2022 to August 2026, totalling 149,397 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 $564K, with roughly $344K 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 878 barrels a month, about 439 per wellbore. Its strongest month on the record we hold was November 2022, at 18,124 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 KOGER UNIT
- Who operates KOGER UNIT?
- KOGER UNIT is operated by Legacy Reserves Operating LP, Railroad Commission of Texas operator number 495445.
- Where is KOGER UNIT?
- KOGER UNIT is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 59012.
- Is KOGER UNIT still producing?
- KOGER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KOGER UNIT is August 2026.
- How much has KOGER UNIT produced?
- KOGER UNIT has reported 149,397 barrels of oil (bbl) to the Railroad Commission of Texas between October 2022 and August 2026, from 2 wellbores.
- How much is KOGER UNIT worth?
- The remaining production from KOGER UNIT is estimated to be worth about $564K in total as of 26 August 2026, within a range of $440K to $688K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KOGER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production KOGER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KOGER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does KOGER UNIT generate in a year?
- KOGER UNIT is forecast to net about $344K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KOGER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Legacy Reserves Operating LP |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 59012 |
| Wellbores | 2 |
| Reported production | 149,397 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $564K |
Where KOGER 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.