CARDINAL UNIT
CARDINAL UNIT is a Texas oil lease in Washington County, Railroad Commission district 03, operated by Enervest Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from October 2013 to August 2026, totalling 99,649 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 $733K, with roughly $125K 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 172 barrels a month. Its strongest month on the record we hold was June 2023, at 1,280 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 CARDINAL UNIT
- Who operates CARDINAL UNIT?
- CARDINAL UNIT is operated by Enervest Operating, L.L.C., Railroad Commission of Texas operator number 252131.
- Where is CARDINAL UNIT?
- CARDINAL UNIT is a Texas oil lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26733.
- Is CARDINAL UNIT still producing?
- CARDINAL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARDINAL UNIT is August 2026.
- How much has CARDINAL UNIT produced?
- CARDINAL UNIT has reported 99,649 barrels of oil (bbl) to the Railroad Commission of Texas between October 2013 and August 2026, from 1 wellbore.
- How much is CARDINAL UNIT worth?
- The remaining production from CARDINAL UNIT is estimated to be worth about $733K in total as of 26 August 2026, within a range of $571K to $894K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARDINAL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CARDINAL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARDINAL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CARDINAL UNIT generate in a year?
- CARDINAL UNIT is forecast to net about $125K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARDINAL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enervest Operating, L.L.C. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 26733 |
| Wellbores | 1 |
| Reported production | 99,649 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $733K |
Where CARDINAL 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.