OKAPI STATE UNIT B35
OKAPI STATE UNIT B35 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from July 2014 to August 2026, totalling 395,625 barrels. 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 $3.4M, with roughly $726K 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 1,151 barrels a month. Its strongest month on the record we hold was December 2016, at 3,970 barrels. 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 OKAPI STATE UNIT B35
- Who operates OKAPI STATE UNIT B35?
- OKAPI STATE UNIT B35 is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is OKAPI STATE UNIT B35?
- OKAPI STATE UNIT B35 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45442.
- Is OKAPI STATE UNIT B35 still producing?
- OKAPI STATE UNIT B35 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OKAPI STATE UNIT B35 is August 2026.
- How much has OKAPI STATE UNIT B35 produced?
- OKAPI STATE UNIT B35 has reported 395,625 barrels of oil (bbl) to the Railroad Commission of Texas between July 2014 and August 2026, from 1 wellbore.
- How much is OKAPI STATE UNIT B35 worth?
- The remaining production from OKAPI STATE UNIT B35 is estimated to be worth about $3.4M in total as of 26 August 2026, within a range of $2.8M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OKAPI STATE UNIT B35 is a fraction of it. The estimate fits an Arps decline curve to the production OKAPI STATE UNIT B35 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OKAPI STATE UNIT B35 is an estimate of value, not an offer and not an appraisal.
- How much income does OKAPI STATE UNIT B35 generate in a year?
- OKAPI STATE UNIT B35 is forecast to net about $726K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OKAPI STATE UNIT B35 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 45442 |
| Wellbores | 1 |
| Reported production | 395,625 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.4M |
Where OKAPI STATE UNIT B35 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.