WRIGHT UNIT 41-32

WRIGHT UNIT 41-32 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Element Petro Operating Ii, Llc. It has 5 wellbores on file with the Commission. Reported production runs from December 2014 to August 2026, totalling 1,405,719 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 $284K, with roughly $66K expected over the next twelve months.

OperatorElement Petro Operating Ii, Llc
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number46283
Wellbores5
Reported production1,405,719 bbl
First reportedDecember 2014
Last reportedAugust 2026
Estimated royalty value$284K

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.