THIRSTY GOAT E UNIT
THIRSTY GOAT E UNIT is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Petrolegacy Energy II, LLC. It has 7 wellbores on file with the Commission. Reported production runs from September 2017 to August 2026, totalling 1,146,182 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 $19.7M, with roughly $4.3M 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 6,292 barrels a month, about 899 per wellbore. Its strongest month on the record we hold was December 2020, at 129,111 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 THIRSTY GOAT E UNIT
- Who operates THIRSTY GOAT E UNIT?
- THIRSTY GOAT E UNIT is operated by Petrolegacy Energy II, LLC, Railroad Commission of Texas operator number 660299.
- Where is THIRSTY GOAT E UNIT?
- THIRSTY GOAT E UNIT is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49989.
- Is THIRSTY GOAT E UNIT still producing?
- THIRSTY GOAT E UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THIRSTY GOAT E UNIT is August 2026.
- How much has THIRSTY GOAT E UNIT produced?
- THIRSTY GOAT E UNIT has reported 1,146,182 barrels of oil (bbl) to the Railroad Commission of Texas between September 2017 and August 2026, from 7 wellbores.
- How much is THIRSTY GOAT E UNIT worth?
- The remaining production from THIRSTY GOAT E UNIT is estimated to be worth about $19.7M in total as of 26 August 2026, within a range of $16.3M to $23.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THIRSTY GOAT E UNIT is a fraction of it. The estimate fits an Arps decline curve to the production THIRSTY GOAT E UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THIRSTY GOAT E UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does THIRSTY GOAT E UNIT generate in a year?
- THIRSTY GOAT E UNIT is forecast to net about $4.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THIRSTY GOAT E UNIT 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 | 49989 |
| Wellbores | 7 |
| Reported production | 1,146,182 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $19.7M |
Where THIRSTY GOAT E 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.