AGATE 179SE
AGATE 179SE is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Oxy USA WTP LP. It has 1 wellbore on file with the Commission. Reported production runs from September 2017 to August 2026, totalling 310,445 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 $789K, with roughly $463K 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 978 barrels a month. Its strongest month on the record we hold was October 2017, at 34,954 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 AGATE 179SE
- Who operates AGATE 179SE?
- AGATE 179SE is operated by Oxy USA WTP LP, Railroad Commission of Texas operator number 630555.
- Where is AGATE 179SE?
- AGATE 179SE is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49380.
- Is AGATE 179SE still producing?
- AGATE 179SE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AGATE 179SE is August 2026.
- How much has AGATE 179SE produced?
- AGATE 179SE has reported 310,445 barrels of oil (bbl) to the Railroad Commission of Texas between September 2017 and August 2026, from 1 wellbore.
- How much is AGATE 179SE worth?
- The remaining production from AGATE 179SE is estimated to be worth about $789K in total as of 27 August 2026, within a range of $615K to $963K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AGATE 179SE is a fraction of it. The estimate fits an Arps decline curve to the production AGATE 179SE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AGATE 179SE is an estimate of value, not an offer and not an appraisal.
- How much income does AGATE 179SE generate in a year?
- AGATE 179SE is forecast to net about $463K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in AGATE 179SE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA WTP LP |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 49380 |
| Wellbores | 1 |
| Reported production | 310,445 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $789K |
Where AGATE 179SE 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.