COUNTISS UNIT I
COUNTISS UNIT I is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2012 to August 2026, totalling 226,969 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 $961K, with roughly $233K 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 326 barrels a month. Its strongest month on the record we hold was May 2017, at 1,996 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 COUNTISS UNIT I
- Who operates COUNTISS UNIT I?
- COUNTISS UNIT I is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is COUNTISS UNIT I?
- COUNTISS UNIT I is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16290.
- Is COUNTISS UNIT I still producing?
- COUNTISS UNIT I is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COUNTISS UNIT I is August 2026.
- How much has COUNTISS UNIT I produced?
- COUNTISS UNIT I has reported 226,969 barrels of oil (bbl) to the Railroad Commission of Texas between June 2012 and August 2026, from 1 wellbore.
- How much is COUNTISS UNIT I worth?
- The remaining production from COUNTISS UNIT I is estimated to be worth about $961K in total as of 27 August 2026, within a range of $749K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COUNTISS UNIT I is a fraction of it. The estimate fits an Arps decline curve to the production COUNTISS UNIT I has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COUNTISS UNIT I is an estimate of value, not an offer and not an appraisal.
- How much income does COUNTISS UNIT I generate in a year?
- COUNTISS UNIT I is forecast to net about $233K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COUNTISS UNIT I receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 16290 |
| Wellbores | 1 |
| Reported production | 226,969 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $961K |
Where COUNTISS UNIT I 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.