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Texas oil lease

Producing

NOVAK UNIT

Novak Unit is an oil lease in Karnes County, Texas, operated by EOG Resources, Inc. in the Eagleville (Eagle Ford-2) field.

6 wells

25,789bbl oil, last 12 months−20% vs prior year
Operator
EOG Resources, Inc.
County
Karnes County
Field
Eagleville (Eagle Ford-2)
RRC lease
02-10678

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Gas, last 12 months
43,217 mcf
Oil in Jul 2026
2,421 bbl

Production by month

Oil output fell 20% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for NOVAK UNIT, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 25,789 bbl in the 12 months through Jul 2026, against 32,281 bbl in the 12 months before.Last 12 months: 25,789 bblbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for NOVAK UNIT, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 25,789 bbl in the 12 months through Jul 2026, against 32,281 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,5002,0005,0003,0007,5004,00010kJan 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 lease fuel instead of a processing plant

Flaring peaked at 11.3% of the gas in Jan 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Feb 2026 the lease's gas goes to lease fuel instead of a processing plantShare of NOVAK UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to lease fuel instead of a processing plant. Flaring peaked at 11.3% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Feb 2026: plant to fuelFlared 11.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Feb 2026 the lease's gas goes to lease fuel instead of a processing plantShare of NOVAK UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Feb 2026 the lease's gas goes to lease fuel instead of a processing plant. Flaring peaked at 11.3% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Feb 26: plant to fuelFlared 11.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    59% · 25,696 mcf

  • Lease fuel (1)

    39% · 16,999 mcf

  • Flared (4)

    1.2% · 522 mcf

1.2% of the gas flared in the last 12 months. One month above 3%.

6 wells on this lease

Wells on NOVAK UNIT
API numberWell no.Status
42-255-332351HActive
42-255-332452HActive
42-255-340643HActive
42-255-340665HActive
42-255-340676HShut-in
42-255-341144HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Eog Resources Marketing LLCOilGathers100Mar 1, 2016
Eog Resources, Inc.Casinghead gasBuys100Sep 30, 2013
Eog Resources, Inc.Casinghead gasGathers100Sep 30, 2013

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

Who buys my oilOil price check

1,101.37 acres on the newest permit

The wells on this lease state different acreage

The permits state between 442.96 and 1,101.37 acres.

Permits for Novak Unit
API numberWell no.Acreson the permit
42-255-340643H1,101.37
42-255-340665H1,101.37
42-255-340676H1,101.37
42-255-341144H1,101.37
42-255-332452H442.96
42-255-332351H442.96

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

Unit decimal checker

What EOG Resources, Inc. told investors it received

EOG Resources, Inc. is linked to EOG Resources, Inc. (EOG).
Realized prices reported by EOG Resources, Inc.
QuarterOil$ per bblFiling
Q2 2026$98.15SEC filing
Q1 2026$72.47SEC filing
Q3 2025$65.95SEC filing
Q2 2025$64.82SEC filing
Q1 2025$72.87SEC filing
Q3 2024$76.92SEC filing

SourceEOG Resources, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for NOVAK UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,4212,5822,38492445$80.46$2.89
Jun 20261,8111,6641,75943033$84.81$3.15
May 20262,2322,2091,95254142$102.13$2.94
Apr 20262,1372,2492,4681,12446$100.32$2.77
Mar 20262,2642,0502,08559353$91.38$3.04
Feb 20262,2082,4302,8091,30238$64.51$3.62
Jan 20262,0901,8653,2031,66337$60.04$7.72
Dec 20252,4242,5794,6653,17045$57.97$4.26
Nov 20251,7721,6704,7623,22937$60.06$3.79
Oct 20251,9492,1264,4152,91142$60.89$3.19
Sep 20252,0262,0045,5514,13053$63.96$2.97
Aug 20252,4552,5307,1645,67951$64.86$2.91
Jul 20252,6512,6657,7876,25353$68.39$3.20
Jun 20252,4822,3187,0035,57457$68.17$3.02
May 20252,8172,9288,2246,73459$62.17$3.12
Apr 20252,3732,3515,1693,78149$63.54$3.42
Mar 20252,8372,8078,2497,04654$68.24$4.12
Feb 20252,4812,4392,4231,36153$71.53$4.19
Jan 20252,8212,7131,8470209$75.74$4.13
Dec 20242,6982,7482,9001,03651$70.12$3.01
Nov 20242,8963,2622,4581,36747$69.95$2.12
Oct 20242,5962,4045,2294,22871$71.99$2.20
Sep 20242,8092,9154,4943,48049$70.24$2.28
Aug 20242,8202,7516,0354,90750$76.68$1.99
Jul 20242,9082,7526,3795,28848$81.80$2.07
Jun 20242,9943,1166,7675,63664$79.77$2.54
May 20243,0553,1306,6775,54446$80.02$2.12
Apr 20243,1173,0876,5515,45757$85.35$1.60
Mar 20243,2393,1693,8692,76162$81.28$1.49
Feb 20242,9402,9825,3484,16356$77.25$1.72
Jan 20242,4272,3947,9676,67048$74.15$3.18
Dec 20233,3503,2007,9716,93755$71.90$2.52
Nov 20232,7612,9477,5716,77447$77.69$2.71
Oct 20233,3783,3178,1506,92658$85.64$2.98
Sep 20233,5283,5058,6827,45463$89.43$2.64
Aug 20233,3763,3389,0237,88357$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorEOG Resources, Inc.FieldEagleville (Eagle Ford-2)CountyKarnes County

EOG Resources, Inc. in Karnes County

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Eagleville (Eagle Ford-2) field

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