FENNEL B UNIT
FENNEL B UNIT is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2013 to August 2026, totalling 44,038 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 $378K, with roughly $52K 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 19 barrels a month. Its strongest month on the record we hold was May 2016, at 243 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 FENNEL B UNIT
- Who operates FENNEL B UNIT?
- FENNEL B UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is FENNEL B UNIT?
- FENNEL B UNIT is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33419.
- Is FENNEL B UNIT still producing?
- FENNEL B UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FENNEL B UNIT is August 2026.
- How much has FENNEL B UNIT produced?
- FENNEL B UNIT has reported 44,038 barrels of oil (bbl) to the Railroad Commission of Texas between April 2013 and August 2026, from 1 wellbore.
- How much is FENNEL B UNIT worth?
- The remaining production from FENNEL B UNIT is estimated to be worth about $378K in total as of 27 August 2026, within a range of $208K to $548K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FENNEL B UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FENNEL B UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FENNEL B UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FENNEL B UNIT generate in a year?
- FENNEL B UNIT is forecast to net about $52K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FENNEL B UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 33419 |
| Wellbores | 1 |
| Reported production | 44,038 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $378K |
Where FENNEL B 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.