LAREN
LAREN is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Phillips Petroleum Company. It has 14 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,214,258 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $125K, with roughly $28K expected over the next twelve months.
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Goldsmith (Clear Fork) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 02130 |
| Wellbores | 14 |
| Reported production | 1,214,258 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $125K |
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.