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Texas oil lease

Producing

SHIPMAN UNIT

Shipman Unit is an oil lease in Karnes County, Texas, operated by Repsol Oil & Gas USA, LLC in the Eagleville (Eagle Ford-2) field.

1 well

13,801bbl oil, last 12 months−22% vs prior year
Operator
Repsol Oil & Gas USA, LLC
County
Karnes County
Field
Eagleville (Eagle Ford-2)
RRC lease
02-11815

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Gas, last 12 months
16,794 mcf
Oil in Jul 2026
908 bbl

Production by month

Oil output fell 22% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for SHIPMAN UNIT, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 13,801 bbl in the 12 months through Jul 2026, against 17,803 bbl in the 12 months before.Last 12 months: 13,801 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for SHIPMAN UNIT, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 13,801 bbl in the 12 months through Jul 2026, against 17,803 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2025 the lease's gas goes to lease fuel instead of a processing plant

Flaring peaked at 17.7% of the gas in Jan 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Other (5 to 8)
  • Flared (4)
Since Oct 2025 the lease's gas goes to lease fuel instead of a processing plantShare of SHIPMAN UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2025 the lease's gas goes to lease fuel instead of a processing plant. Flaring peaked at 17.7% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Oct 2025: plant to fuelFlared 17.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Oct 2025 the lease's gas goes to lease fuel instead of a processing plantShare of SHIPMAN UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2025 the lease's gas goes to lease fuel instead of a processing plant. Flaring peaked at 17.7% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Oct 25: plant to fuelFlared 17.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    67% · 11,324 mcf

  • Processing plant (3)

    28% · 4,688 mcf

  • Flared (4)

    3.8% · 640 mcf

  • Other (5 to 8)

    0.8% · 142 mcf

3.8% of the gas flared in the last 12 months. 13 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Aug 2023

Operators of this lease over timeInpex Eagle Ford, LLC, Jan 2020 to Dec 2022; Repsol Eagle Ford North, LLC, Jan 2023 to Jul 2023; Repsol Oil & Gas USA, LLC, Aug 2023 to Jul 20262020202120222023202420252026Changed Jan 2023Changed Aug 2023Inpex Eagle Ford, LLCJan 2020 to Dec 2022Repsol Eagle Ford North, LLCJan 2023 to Jul 2023Repsol Oil & Gas USA, LLCAug 2023 to now
Operators of this lease over timeInpex Eagle Ford, LLC, Jan 2020 to Dec 2022; Repsol Eagle Ford North, LLC, Jan 2023 to Jul 2023; Repsol Oil & Gas USA, LLC, Aug 2023 to Jul 20262020202120222023202420252026Changed Jan 2023Changed Aug 2023Inpex Eagle Ford, LLCJan 2020 to Dec 2022Repsol Eagle Ford North, LLCJan 2023 to Jul 2023Repsol Oil & Gas USA, LLCAug 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on SHIPMAN UNIT
API numberWell no.Status
42-255-360411HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Nov 2, 2018–
Enterprise Products Operating LLCCasinghead gasBuys100Feb 1, 2025–
Plains Pipeline L.p.Casinghead gasGathers100Feb 1, 2025–
Ironwood Midst Energy Ptnrs LLCCasinghead gasGathers100Nov 2, 2018Feb 1, 2025
Ironwood Midst Energy Ptnrs LLCCasinghead gasBuys100Nov 2, 2018Feb 1, 2025

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

Who buys my oilOil price check

974.08 acres on the newest permit

A production sharing agreement well is on this lease

Permits for Shipman Unit
API numberWell no.Acreson the permit
42-255-360411H974.08

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for SHIPMAN UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Repsol Oil9089881,5145166$80.46$2.89
Jun 2026Repsol Oil94390775900$84.81$3.15
May 2026Repsol Oil1,1091,0719493821$102.13$2.94
Apr 2026Repsol Oil85087480800$100.32$2.77
Mar 2026Repsol Oil1,1121,5551,47557237$91.38$3.04
Feb 2026Repsol Oil1,0136351,0102750$64.51$3.62
Jan 2026Repsol Oil1,2721,2383,294532468$60.04$7.72
Dec 2025Repsol Oil1,2961,3151,35248017$57.97$4.26
Nov 2025Repsol Oil1,2021,3231,16035119$60.06$3.79
Oct 2025Repsol Oil1,4621,3351,65878455$60.89$3.19
Sep 2025Repsol Oil1,3211,3161,71287917$63.96$2.97
Aug 2025Repsol Oil1,3131,2811,1032610$64.86$2.91
Jul 2025Repsol Oil1,2991,3011,0071750$68.39$3.20
Jun 2025Repsol Oil1,2291,2292,1811,27686$68.17$3.02
May 2025Repsol Oil1,3371,3211,9811,008110$62.17$3.12
Apr 2025Repsol Oil1,2511,2942,311990255$63.54$3.42
Mar 2025Repsol Oil1,7201,7751,98389870$68.24$4.12
Feb 2025Repsol Oil1,6161,51979000$71.53$4.19
Jan 2025Repsol Oil1,1171,2151,848401328$75.74$4.13
Dec 2024Repsol Oil1,4171,3322,154964285$70.12$3.01
Nov 2024Repsol Oil1,2231,2451,65573176$69.95$2.12
Oct 2024Repsol Oil1,6791,7561,28233783$71.99$2.20
Sep 2024Repsol Oil1,8351,8051,51828178$70.24$2.28
Aug 2024Repsol Oil2,0802,1191,63436684$76.68$1.99
Jul 2024Repsol Oil1,6461,66587100$81.80$2.07
Jun 2024Repsol Oil1,7351,5864,55500$79.77$2.54
May 2024Repsol Oil1,1281,01695400$80.02$2.12
Apr 2024Repsol Oil8116880600$85.35$1.60
Mar 2024Repsol Oil1,0381,06987700$81.28$1.49
Feb 2024Repsol Oil1,3181,29384400$77.25$1.72
Jan 2024Repsol Oil1,0621,07082700$74.15$3.18
Dec 2023Repsol Oil1,7631,72886600$71.90$2.52
Nov 2023Repsol Oil32333031400$77.69$2.71
Oct 2023Repsol Oil1,1931,2271,0909389$85.64$2.98
Sep 2023Repsol Oil1,1271,16291400$89.43$2.64
Aug 2023Repsol Oil1,6891,9672,0931,13726$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

OperatorRepsol Oil & Gas USA, LLCFieldEagleville (Eagle Ford-2)CountyKarnes County

Repsol Oil & Gas USA, LLC in Karnes County

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