TARANTULA HAWK 2-40 B

TARANTULA HAWK 2-40 B is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2019 to August 2026, totalling 1,933,096 thousand cubic feet. 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 $1.0M, with roughly $579K 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 3,664 thousand cubic feet a month. Its strongest month on the record we hold was January 2020, at 87,199 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 TARANTULA HAWK 2-40 B

Who operates TARANTULA HAWK 2-40 B?
TARANTULA HAWK 2-40 B is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
Where is TARANTULA HAWK 2-40 B?
TARANTULA HAWK 2-40 B is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 288040.
Is TARANTULA HAWK 2-40 B still producing?
TARANTULA HAWK 2-40 B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TARANTULA HAWK 2-40 B is August 2026.
How much has TARANTULA HAWK 2-40 B produced?
TARANTULA HAWK 2-40 B has reported 1,933,096 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2019 and August 2026, from 1 wellbore.
How much is TARANTULA HAWK 2-40 B worth?
The remaining production from TARANTULA HAWK 2-40 B is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $838K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TARANTULA HAWK 2-40 B is a fraction of it. The estimate fits an Arps decline curve to the production TARANTULA HAWK 2-40 B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TARANTULA HAWK 2-40 B is an estimate of value, not an offer and not an appraisal.
How much income does TARANTULA HAWK 2-40 B generate in a year?
TARANTULA HAWK 2-40 B is forecast to net about $579K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TARANTULA HAWK 2-40 B receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

TARANTULA HAWK 2-40 B as filed with the Railroad Commission of Texas
OperatorAnadarko E&P Onshore LLC
FieldPhantom (Wolfcamp)
CountyReeves County, Texas
RRC district08
Lease number288040
Wellbores1
Reported production1,933,096 mcf
First reported
Last reported
Estimated royalty value$1.0M

Where TARANTULA HAWK 2-40 B 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.