WRIGHT UNIT 'B' 41-32

WRIGHT UNIT 'B' 41-32 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Element Petro Operating Ii, Llc. It has 4 wellbores on file with the Commission. Reported production runs from November 2015 to August 2026, totalling 1,178,072 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 $162K, with roughly $41K expected over the next twelve months.

OperatorElement Petro Operating Ii, Llc
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number47465
Wellbores4
Reported production1,178,072 bbl
First reportedNovember 2015
Last reportedAugust 2026
Estimated royalty value$162K

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.