GEREN 34-129 UNIT
GEREN 34-129 UNIT is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 3 wellbores on file with the Commission. Reported production runs from November 2016 to August 2026, totalling 241,434 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 $978K, with roughly $311K 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 450 barrels a month, about 150 per wellbore. Its strongest month on the record we hold was November 2016, at 5,667 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 GEREN 34-129 UNIT
- Who operates GEREN 34-129 UNIT?
- GEREN 34-129 UNIT is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is GEREN 34-129 UNIT?
- GEREN 34-129 UNIT is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48479.
- Is GEREN 34-129 UNIT still producing?
- GEREN 34-129 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GEREN 34-129 UNIT is August 2026.
- How much has GEREN 34-129 UNIT produced?
- GEREN 34-129 UNIT has reported 241,434 barrels of oil (bbl) to the Railroad Commission of Texas between November 2016 and August 2026, from 3 wellbores.
- How much is GEREN 34-129 UNIT worth?
- The remaining production from GEREN 34-129 UNIT is estimated to be worth about $978K in total as of 26 August 2026, within a range of $763K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GEREN 34-129 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GEREN 34-129 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GEREN 34-129 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GEREN 34-129 UNIT generate in a year?
- GEREN 34-129 UNIT is forecast to net about $311K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GEREN 34-129 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Onshore LLC |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 48479 |
| Wellbores | 3 |
| Reported production | 241,434 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $978K |
Where GEREN 34-129 UNIT 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.