LOCKER STATE
LOCKER STATE is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Arabella Petroleum Company, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2013 to August 2026, totalling 54,664 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 $312K, with roughly $59K 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 90 barrels a month. Its strongest month on the record we hold was December 2016, at 1,397 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 LOCKER STATE
- Who operates LOCKER STATE?
- LOCKER STATE is operated by Arabella Petroleum Company, LLC, Railroad Commission of Texas operator number 028692.
- Where is LOCKER STATE?
- LOCKER STATE is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46303.
- Is LOCKER STATE still producing?
- LOCKER STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOCKER STATE is August 2026.
- How much has LOCKER STATE produced?
- LOCKER STATE has reported 54,664 barrels of oil (bbl) to the Railroad Commission of Texas between March 2013 and August 2026, from 1 wellbore.
- How much is LOCKER STATE worth?
- The remaining production from LOCKER STATE is estimated to be worth about $312K in total as of 26 August 2026, within a range of $172K to $453K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOCKER STATE is a fraction of it. The estimate fits an Arps decline curve to the production LOCKER STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOCKER STATE is an estimate of value, not an offer and not an appraisal.
- How much income does LOCKER STATE generate in a year?
- LOCKER STATE is forecast to net about $59K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOCKER STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arabella Petroleum Company, LLC |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 46303 |
| Wellbores | 1 |
| Reported production | 54,664 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $312K |
Where LOCKER STATE 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.