HORTON, R P NO. 18
HORTON, R P NO. 18 is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Welhausen Operating Co., Inc. It has 3 wellbores on file with the Commission. Reported production runs from October 1994 to August 2026, totalling 48,656 barrels. The lease is intermittent. 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 $120K, with roughly $16K 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 2 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was November 2020, at 100 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 HORTON, R P NO. 18
- Who operates HORTON, R P NO. 18?
- HORTON, R P NO. 18 is operated by Welhausen Operating Co., Inc., Railroad Commission of Texas operator number 907543.
- Where is HORTON, R P NO. 18?
- HORTON, R P NO. 18 is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 13933.
- Is HORTON, R P NO. 18 still producing?
- HORTON, R P NO. 18 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for HORTON, R P NO. 18 is August 2026.
- How much has HORTON, R P NO. 18 produced?
- HORTON, R P NO. 18 has reported 48,656 barrels of oil (bbl) to the Railroad Commission of Texas between October 1994 and August 2026, from 3 wellbores.
- How much is HORTON, R P NO. 18 worth?
- The remaining production from HORTON, R P NO. 18 is estimated to be worth about $120K in total as of 26 August 2026, within a range of $0 to $240K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HORTON, R P NO. 18 is a fraction of it. The estimate fits an Arps decline curve to the production HORTON, R P NO. 18 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HORTON, R P NO. 18 is an estimate of value, not an offer and not an appraisal.
- How much income does HORTON, R P NO. 18 generate in a year?
- HORTON, R P NO. 18 is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HORTON, R P NO. 18 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Welhausen Operating Co., Inc. |
|---|---|
| Field | A.W.P. (Olmos) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 13933 |
| Wellbores | 3 |
| Reported production | 48,656 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $120K |
Where HORTON, R P NO. 18 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.