EANES NORTH UNIT
EANES NORTH UNIT is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Bristol Resources Corporation. It has 28 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 125,641 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 $521K, with roughly $100K 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 138 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was February 2024, at 337 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 EANES NORTH UNIT
- Who operates EANES NORTH UNIT?
- EANES NORTH UNIT is operated by Bristol Resources Corporation, Railroad Commission of Texas operator number 093548.
- Where is EANES NORTH UNIT?
- EANES NORTH UNIT is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 15231.
- Is EANES NORTH UNIT still producing?
- EANES NORTH UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EANES NORTH UNIT is August 2026.
- How much has EANES NORTH UNIT produced?
- EANES NORTH UNIT has reported 125,641 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 28 wellbores.
- How much is EANES NORTH UNIT worth?
- The remaining production from EANES NORTH UNIT is estimated to be worth about $521K in total as of 27 August 2026, within a range of $406K to $635K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EANES NORTH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production EANES NORTH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EANES NORTH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does EANES NORTH UNIT generate in a year?
- EANES NORTH UNIT is forecast to net about $100K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EANES NORTH UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bristol Resources Corporation |
|---|---|
| Field | Eanes (Caddo) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 15231 |
| Wellbores | 28 |
| Reported production | 125,641 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $521K |
Where EANES NORTH 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.