EVA COE
EVA COE is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Newgulf Petroleum, LLC. It has 2 wellbores on file with the Commission. Reported production runs from October 2008 to August 2026, totalling 57,378 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 $323K, with roughly $62K 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 57 barrels a month, about 28 per wellbore. Its strongest month on the record we hold was November 2025, at 221 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 EVA COE
- Who operates EVA COE?
- EVA COE is operated by Newgulf Petroleum, LLC, Railroad Commission of Texas operator number 606618.
- Where is EVA COE?
- EVA COE is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 14963.
- Is EVA COE still producing?
- EVA COE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EVA COE is August 2026.
- How much has EVA COE produced?
- EVA COE has reported 57,378 barrels of oil (bbl) to the Railroad Commission of Texas between October 2008 and August 2026, from 2 wellbores.
- How much is EVA COE worth?
- The remaining production from EVA COE is estimated to be worth about $323K in total as of 26 August 2026, within a range of $178K to $469K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EVA COE is a fraction of it. The estimate fits an Arps decline curve to the production EVA COE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EVA COE is an estimate of value, not an offer and not an appraisal.
- How much income does EVA COE generate in a year?
- EVA COE is forecast to net about $62K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EVA COE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Newgulf Petroleum, LLC |
|---|---|
| Field | Christine, Se. (Wilcox) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 14963 |
| Wellbores | 2 |
| Reported production | 57,378 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $323K |
Where EVA COE 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.