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Texas oil lease

Producing

CHARLOTTE UNIT

Charlotte Unit is an oil lease in Karnes County, Texas, operated by Devon Energy Production Co, L.P. in the Sugarkane (Austin Chalk) field.

4 wells

35,640bbl oil, last 12 months−13% vs prior year
RRC lease
02-11341

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Gas, last 12 months
108,325 mcf
Oil in Jul 2026
1,928 bbl

Production by month

Oil output fell 13% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for CHARLOTTE UNIT, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 35,640 bbl in the 12 months through Jul 2026, against 40,902 bbl in the 12 months before.Last 12 months: 35,640 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for CHARLOTTE UNIT, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 35,640 bbl in the 12 months through Jul 2026, against 40,902 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Feb 2026 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 7.7% of the gas in May 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2026 the lease's gas goes to a processing plant instead of lease fuelShare of CHARLOTTE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 7.7% of the gas in May 2026.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2026: fuel to plantFlared 7.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2026 the lease's gas goes to a processing plant instead of lease fuelShare of CHARLOTTE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 7.7% of the gas in May 2026.Share of gas by disposition code0%50%100%Feb 26: fuel to plantFlared 7.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    61% · 65,896 mcf

  • Lease fuel (1)

    35% · 37,892 mcf

  • Transmission line (2)

    2.6% · 2,799 mcf

  • Flared (4)

    1.6% · 1,738 mcf

1.6% of the gas flared in the last 12 months. 3 months above 3%.

Who has run this lease

The operator changed 3 times, most recently in Sep 2022

Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Apr 2021; Validus NRG Aquilas Assetco LLC, May 2021 to Aug 2022; Devon Energy Production Co, L.P., Sep 2022 to Jul 20262020202120222023202420252026Changed Feb 2020Changed May 2021Changed Sep 2022Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to Apr 2021Validus NRG Aquilas Assetco L…May 2021 to Aug 2022Devon Energy Production Co, L…Sep 2022 to now
Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Apr 2021; Validus NRG Aquilas Assetco LLC, May 2021 to Aug 2022; Devon Energy Production Co, L.P., Sep 2022 to Jul 20262020202120222023202420252026Changed Feb 2020Changed May 2021Changed Sep 2022Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to Apr 2021Validus NRG Aquilas Assetco LLCMay 2021 to Aug 2022Devon Energy Production Co, L.P.Sep 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on CHARLOTTE UNIT
API numberWell no.Status
42-255-3523918HActive
42-255-3576321HActive
42-255-3645743HActive
42-255-3645844HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers20Apr 1, 2023–
Harvest Marketing & Trading, LLCOilGathers20Apr 1, 2023–
Mv Purchasing, LLCOilGathers20Feb 1, 2025–
Phillips 66 CompanyOilGathers20Apr 1, 2023–
Plains Pipeline L.p.OilGathers10Feb 1, 2025–
Shell Trading (Us) CompanyOilGathers10Apr 1, 2023–
Enterprise Products Operating LLCCasinghead gasBuys100Jun 1, 2020–
Enterprise Products Operating LLCCasinghead gasGathers100Jun 1, 2020–
Ironwood Midst Energy Ptnrs LLCOilGathers10Apr 1, 2023Feb 1, 2025
Mv Purchasing, LLCOilGathers10Apr 1, 2023Feb 1, 2025
Valero Marketing and Supply Co.OilGathers10Apr 1, 2023Feb 1, 2025
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Apr 1, 2023
Harvest Midstream CompanyOilGathers50Jun 17, 2022Apr 1, 2023
Eastex Crude CompanyOilGathers50Jun 17, 2022Jan 1, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

749.28 acres on the newest permit

The wells on this lease state different acreage

The permits state between 749.28 and 868.37 acres.

Permits for Charlotte Unit
API numberWell no.Acreson the permit
42-255-3645743H749.28
42-255-3645844H749.28
42-255-3576321H749.28
42-255-3523918H868.37

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What Devon Energy Corporation told investors it received

Devon Energy Production Co, L.P. is linked to Devon Energy Corporation (DVN).
Realized prices reported by Devon Energy Corporation
QuarterOil$ per bblFiling
Q2 2026$95.10SEC filing
Q1 2026$69.66SEC filing
Q4 2025$57.19SEC filing
Q3 2025$63.21SEC filing
Q2 2025$61.70SEC filing
Q1 2025$69.13SEC filing

SourceDevon Energy Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for CHARLOTTE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Devon Energy1,9282,0185,9203,89883$80.46$2.89
Jun 2026Devon Energy3,3913,3579,4256,391119$84.81$3.15
May 2026Devon Energy3,3553,3167,8804,864603$102.13$2.94
Apr 2026Devon Energy3,1313,1258,7105,777170$100.32$2.77
Mar 2026Devon Energy2,8552,8687,3714,508222$91.38$3.04
Feb 2026Devon Energy2,4972,4828,6754,78144$64.51$3.62
Jan 2026Devon Energy2,7042,6977,5883,976200$60.04$7.72
Dec 2025Devon Energy2,9762,98410,9246,89729$57.97$4.26
Nov 2025Devon Energy3,0603,06914,1059,7069$60.06$3.79
Oct 2025Devon Energy3,0062,99810,7377,00394$60.89$3.19
Sep 2025Devon Energy3,3643,3637,9435,21143$63.96$2.97
Aug 2025Devon Energy3,3733,4619,0475,683122$64.86$2.91
Jul 2025Devon Energy2,9402,8567,0694,11663$68.39$3.20
Jun 2025Devon Energy3,4853,4927,9745,18479$68.17$3.02
May 2025Devon Energy3,5023,49011,2517,69169$62.17$3.12
Apr 2025Devon Energy3,5613,55812,0368,23121$63.54$3.42
Mar 2025Devon Energy3,3223,32016,05910,54987$68.24$4.12
Feb 2025Devon Energy3,6853,68710,9647,08396$71.53$4.19
Jan 2025Devon Energy3,6123,6059,8336,11268$75.74$4.13
Dec 2024Devon Energy4,3794,36211,2837,71253$70.12$3.01
Nov 2024Devon Energy3,1543,15111,3998,04592$69.95$2.12
Oct 2024Devon Energy2,5492,5619,8347,252109$71.99$2.20
Sep 2024Devon Energy2,9552,9369,2106,693124$70.24$2.28
Aug 2024Devon Energy3,7583,78012,8559,348111$76.68$1.99
Jul 2024Devon Energy4,2814,27710,1877,53684$81.80$2.07
Jun 2024Devon Energy4,2464,2419,0266,70972$79.77$2.54
May 2024Devon Energy3,4253,42712,8649,817103$80.02$2.12
Apr 2024Devon Energy4,0514,03914,96611,43391$85.35$1.60
Mar 2024Devon Energy4,0954,09113,94810,86256$81.28$1.49
Feb 2024Devon Energy3,4273,43717,03012,529293$77.25$1.72
Jan 2024Devon Energy3,1823,2127,3834,863415$74.15$3.18
Dec 2023Devon Energy4,7634,7516,7705,12137$71.90$2.52
Nov 2023Devon Energy5,0715,06012,1189,27239$77.69$2.71
Oct 2023Devon Energy6,0296,03718,56514,322164$85.64$2.98
Sep 2023Devon Energy5,0295,02119,50414,136567$89.43$2.64
Aug 2023Devon Energy5,7255,73917,22013,168200$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Devon Energy Production Co, L.P. in Karnes County

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Sugarkane (Austin Chalk) field

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