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Texas oil lease

Producing

LEO FRANK UNIT B

Leo Frank Unit B is an oil lease in Karnes County, Texas, operated by Burlington Resources O & G Co LP in the Eagleville (Eagle Ford-2) field.

8 wells

60,514bbl oil, last 12 months−32% vs prior year
RRC lease
02-10567

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Gas, last 12 months
103,685 mcf
Oil in Jul 2026
2,443 bbl

Production by month

Oil output fell 32% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for LEO FRANK UNIT B, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 60,514 bbl in the 12 months through Jul 2026, against 88,562 bbl in the 12 months before.Last 12 months: 60,514 bblbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20k12.5k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 32% over the last 12 monthsMonthly oil production and gas for LEO FRANK UNIT B, Aug 2023 to Jul 2026. Oil output fell 32% over the last 12 months. 60,514 bbl in the 12 months through Jul 2026, against 88,562 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20k12.5k25kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Processing plant (3)
  • Lease fuel (1)
Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuelShare of LEO FRANK UNIT B gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuelShare of LEO FRANK UNIT B gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Jul 26: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    94% · 97,241 mcf

  • Lease fuel (1)

    6.2% · 6,444 mcf

8 wells on this lease

Wells on LEO FRANK UNIT B
API numberWell no.Status
42-255-329421Active
42-255-342232Active
42-255-354123Active
42-255-354134Active
42-255-354145Active
42-255-361626Active
42-255-361637Active
42-255-361648Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Conocophillips CompanyOilGathers100Jan 1, 2025–
Conocophillips CompanyCasinghead gasBuys100Apr 9, 2013–
Burlington Resources O & G CO LPCasinghead gasGathers100Apr 9, 2013–
Bp Products North America Inc.OilGathers25Jun 1, 2013Jan 1, 2025
Conocophillips CompanyOilGathers25Jun 1, 2013Jan 1, 2025
Flint Hills Resources, LPOilGathers25Jun 1, 2013Jan 1, 2025
Ngl Crude Logistics, LLCOilGathers25Jul 1, 2014Jan 1, 2025

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

360 acres on the newest permit

  • Good to know

    8 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Leo Frank Unit B
API numberWell no.Acreson the permit
42-255-361626360
42-255-361637360
42-255-361648360
42-255-354123360
42-255-354134360
42-255-354145360
42-255-342232360
42-255-329421360

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

What ConocoPhillips told investors it received

Burlington Resources O & G Co LP is linked to ConocoPhillips (COP).
Realized prices reported by ConocoPhillips
QuarterOil$ per bblFiling
Q2 2026$99.40SEC filing
Q1 2026$73.47SEC filing
Q3 2025$66.13SEC filing
Q2 2025$64.23SEC filing
Q1 2025$71.65SEC filing
Q3 2024$76.77SEC filing

SourceConocoPhillips quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for LEO FRANK UNIT B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,4432,4431,3851,3850$80.46$2.89
Jun 20261,0701,0701,3846340$84.81$3.15
May 20262,7152,7153,7423,0440$102.13$2.94
Apr 20263,6753,6766,3835,7440$100.32$2.77
Mar 20265,9475,94713,60812,9400$91.38$3.04
Feb 20266,9406,93920,44319,8320$64.51$3.62
Jan 20265,8535,85413,92213,1960$60.04$7.72
Dec 20257,8057,8049,6028,8860$57.97$4.26
Nov 20256,4926,4939,0318,3480$60.06$3.79
Oct 20258,0318,03210,55110,5510$60.89$3.19
Sep 20255,6895,6897,9597,0060$63.96$2.97
Aug 20253,8543,8545,6755,6750$64.86$2.91
Jul 20255,8795,88010,2169,3350$68.39$3.20
Jun 20256,8216,82111,56510,7640$68.17$3.02
May 20258,0308,02212,03911,1850$62.17$3.12
Apr 20256,7416,7418,2657,4360$63.54$3.42
Mar 20257,8867,88618,00117,1420$68.24$4.12
Feb 20259,5039,50321,33920,3990$71.53$4.19
Jan 20254,0534,05310,4399,4520$75.74$4.13
Dec 20246,5116,53921,29620,1930$70.12$3.01
Nov 20247,6007,60020,11818,9240$69.95$2.12
Oct 20248,5278,52822,23721,0740$71.99$2.20
Sep 20249,8239,82322,46620,9060$70.24$2.28
Aug 20247,1887,18815,88912,5880$76.68$1.99
Jul 20249,0529,05220,45017,3670$81.80$2.07
Jun 20248,7748,77415,77012,8260$79.77$2.54
May 20248,5118,51016,24713,5450$80.02$2.12
Apr 20248,1678,16715,86113,7520$85.35$1.60
Mar 20248,9108,90815,79314,0690$81.28$1.49
Feb 20248,5738,56814,72313,0100$77.25$1.72
Jan 20247,8297,84813,21910,9930$74.15$3.18
Dec 20238,8528,85215,66213,7820$71.90$2.52
Nov 20239,0459,04520,06519,1550$77.69$2.71
Oct 202312,28512,28624,44023,6350$85.64$2.98
Sep 20237,0077,00712,45012,0390$89.43$2.64
Aug 202310,06110,06120,03219,4110$81.39$2.58

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

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Nearby

Eagleville (Eagle Ford-2) field

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