HABANERO 197-198 UNIT A
HABANERO 197-198 UNIT A is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Noble Energy Inc. It has 2 wellbores on file with the Commission. Reported production runs from May 2018 to August 2026, totalling 1,384,370 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 $16.3M, with roughly $3.9M 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 5,381 barrels a month, about 2,691 per wellbore. Its strongest month on the record we hold was July 2018, at 61,811 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 HABANERO 197-198 UNIT A
- Who operates HABANERO 197-198 UNIT A?
- HABANERO 197-198 UNIT A is operated by Noble Energy Inc, Railroad Commission of Texas operator number 611665.
- Where is HABANERO 197-198 UNIT A?
- HABANERO 197-198 UNIT A is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50900.
- Is HABANERO 197-198 UNIT A still producing?
- HABANERO 197-198 UNIT A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HABANERO 197-198 UNIT A is August 2026.
- How much has HABANERO 197-198 UNIT A produced?
- HABANERO 197-198 UNIT A has reported 1,384,370 barrels of oil (bbl) to the Railroad Commission of Texas between May 2018 and August 2026, from 2 wellbores.
- How much is HABANERO 197-198 UNIT A worth?
- The remaining production from HABANERO 197-198 UNIT A is estimated to be worth about $16.3M in total as of 27 August 2026, within a range of $13.5M to $19.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HABANERO 197-198 UNIT A is a fraction of it. The estimate fits an Arps decline curve to the production HABANERO 197-198 UNIT A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HABANERO 197-198 UNIT A is an estimate of value, not an offer and not an appraisal.
- How much income does HABANERO 197-198 UNIT A generate in a year?
- HABANERO 197-198 UNIT A is forecast to net about $3.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HABANERO 197-198 UNIT A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Noble Energy Inc |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 50900 |
| Wellbores | 2 |
| Reported production | 1,384,370 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $16.3M |
Where HABANERO 197-198 UNIT A 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.