TAG UNIT
TAG UNIT is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Carrizo (Eagle Ford) LLC. It has 3 wellbores on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 983,975 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 $878K, with roughly $164K 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 163 barrels a month, about 54 per wellbore. Its strongest month on the record we hold was June 2016, at 8,486 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 TAG UNIT
- Who operates TAG UNIT?
- TAG UNIT is operated by Carrizo (Eagle Ford) LLC, Railroad Commission of Texas operator number 135316.
- Where is TAG UNIT?
- TAG UNIT is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15719.
- Is TAG UNIT still producing?
- TAG UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TAG UNIT is August 2026.
- How much has TAG UNIT produced?
- TAG UNIT has reported 983,975 barrels of oil (bbl) to the Railroad Commission of Texas between December 2011 and August 2026, from 3 wellbores.
- How much is TAG UNIT worth?
- The remaining production from TAG UNIT is estimated to be worth about $878K in total as of 27 August 2026, within a range of $685K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TAG UNIT is a fraction of it. The estimate fits an Arps decline curve to the production TAG UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TAG UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does TAG UNIT generate in a year?
- TAG UNIT is forecast to net about $164K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TAG UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Carrizo (Eagle Ford) LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 15719 |
| Wellbores | 3 |
| Reported production | 983,975 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $878K |
Where TAG 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.