KOMODO DRAGON 30-29
KOMODO DRAGON 30-29 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Noble Energy Inc. It has 4 wellbores on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 1,293,618 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 $7.1M, with roughly $3.2M 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 7,948 barrels a month, about 1,987 per wellbore. Its strongest month on the record we hold was June 2020, at 47,697 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 KOMODO DRAGON 30-29
- Who operates KOMODO DRAGON 30-29?
- KOMODO DRAGON 30-29 is operated by Noble Energy Inc, Railroad Commission of Texas operator number 611665.
- Where is KOMODO DRAGON 30-29?
- KOMODO DRAGON 30-29 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53139.
- Is KOMODO DRAGON 30-29 still producing?
- KOMODO DRAGON 30-29 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KOMODO DRAGON 30-29 is August 2026.
- How much has KOMODO DRAGON 30-29 produced?
- KOMODO DRAGON 30-29 has reported 1,293,618 barrels of oil (bbl) to the Railroad Commission of Texas between October 2019 and August 2026, from 4 wellbores.
- How much is KOMODO DRAGON 30-29 worth?
- The remaining production from KOMODO DRAGON 30-29 is estimated to be worth about $7.1M in total as of 27 August 2026, within a range of $5.9M to $8.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KOMODO DRAGON 30-29 is a fraction of it. The estimate fits an Arps decline curve to the production KOMODO DRAGON 30-29 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KOMODO DRAGON 30-29 is an estimate of value, not an offer and not an appraisal.
- How much income does KOMODO DRAGON 30-29 generate in a year?
- KOMODO DRAGON 30-29 is forecast to net about $3.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KOMODO DRAGON 30-29 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Noble Energy Inc |
|---|---|
| Field | Hoefs T-K (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 53139 |
| Wellbores | 4 |
| Reported production | 1,293,618 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.1M |
Where KOMODO DRAGON 30-29 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.