BALMORHEA STATE 32-15 'A'
BALMORHEA STATE 32-15 'A' is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Noble Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2020 to August 2026, totalling 25,144 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 $2.9M, with roughly $610K 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 August 2025, at 1,758 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 BALMORHEA STATE 32-15 'A'
- Who operates BALMORHEA STATE 32-15 'A'?
- BALMORHEA STATE 32-15 'A' is operated by Noble Energy Inc, Railroad Commission of Texas operator number 611665.
- Where is BALMORHEA STATE 32-15 'A'?
- BALMORHEA STATE 32-15 'A' is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53491.
- Is BALMORHEA STATE 32-15 'A' still producing?
- BALMORHEA STATE 32-15 'A' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BALMORHEA STATE 32-15 'A' is August 2026.
- How much has BALMORHEA STATE 32-15 'A' produced?
- BALMORHEA STATE 32-15 'A' has reported 25,144 barrels of oil (bbl) to the Railroad Commission of Texas between January 2020 and August 2026, from 1 wellbore.
- How much is BALMORHEA STATE 32-15 'A' worth?
- The remaining production from BALMORHEA STATE 32-15 'A' is estimated to be worth about $2.9M in total as of 27 August 2026, within a range of $2.3M to $3.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BALMORHEA STATE 32-15 'A' is a fraction of it. The estimate fits an Arps decline curve to the production BALMORHEA STATE 32-15 'A' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BALMORHEA STATE 32-15 'A' is an estimate of value, not an offer and not an appraisal.
- How much income does BALMORHEA STATE 32-15 'A' generate in a year?
- BALMORHEA STATE 32-15 'A' is forecast to net about $610K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BALMORHEA STATE 32-15 'A' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Noble Energy Inc |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 53491 |
| Wellbores | 1 |
| Reported production | 25,144 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.9M |
Where BALMORHEA STATE 32-15 '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.