TARPON 53-2-10 LOV UNIT

TARPON 53-2-10 LOV UNIT is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Shell Western E&P. It has 16 wellbores on file with the Commission. Reported production runs from June 2015 to August 2026, totalling 5,697,198 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 $55.9M, with roughly $19.7M 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 31,992 barrels a month, about 1,999 per wellbore. Its strongest month on the record we hold was July 2021, at 316,101 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 TARPON 53-2-10 LOV UNIT

Who operates TARPON 53-2-10 LOV UNIT?: TARPON 53-2-10 LOV UNIT is operated by Shell Western E&P, Railroad Commission of Texas operator number 774719.
Where is TARPON 53-2-10 LOV UNIT?: TARPON 53-2-10 LOV UNIT is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46589.
Is TARPON 53-2-10 LOV UNIT still producing?: TARPON 53-2-10 LOV UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TARPON 53-2-10 LOV UNIT is August 2026.
How much has TARPON 53-2-10 LOV UNIT produced?: TARPON 53-2-10 LOV UNIT has reported 5,697,198 barrels of oil (bbl) to the Railroad Commission of Texas between June 2015 and August 2026, from 16 wellbores.
How much is TARPON 53-2-10 LOV UNIT worth?: The remaining production from TARPON 53-2-10 LOV UNIT is estimated to be worth about $55.9M in total as of 27 August 2026, within a range of $45.8M to $66.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TARPON 53-2-10 LOV UNIT is a fraction of it. The estimate fits an Arps decline curve to the production TARPON 53-2-10 LOV UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TARPON 53-2-10 LOV UNIT is an estimate of value, not an offer and not an appraisal.
How much income does TARPON 53-2-10 LOV UNIT generate in a year?: TARPON 53-2-10 LOV UNIT is forecast to net about $19.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TARPON 53-2-10 LOV UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

TARPON 53-2-10 LOV UNIT as filed with the Railroad Commission of Texas
Operator	Shell Western E&P
Field	Phantom (Wolfcamp)
County	Loving County, Texas
RRC district	08
Lease number	46589
Wellbores	16
Reported production	5,697,198 bbl
First reported	June 2015
Last reported	August 2026
Estimated royalty value	$55.9M

Where TARPON 53-2-10 LOV UNIT sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.