RAG RUN SOUTH A4
RAG RUN SOUTH A4 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Callon Petroleum Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from June 2022 to August 2026, totalling 457,096 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 $17.5M, with roughly $4.6M 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 5,586 barrels a month. Its strongest month on the record we hold was July 2022, at 27,980 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 RAG RUN SOUTH A4
- Who operates RAG RUN SOUTH A4?
- RAG RUN SOUTH A4 is operated by Callon Petroleum Operating Co, Railroad Commission of Texas operator number 124828.
- Where is RAG RUN SOUTH A4?
- RAG RUN SOUTH A4 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58788.
- Is RAG RUN SOUTH A4 still producing?
- RAG RUN SOUTH A4 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAG RUN SOUTH A4 is August 2026.
- How much has RAG RUN SOUTH A4 produced?
- RAG RUN SOUTH A4 has reported 457,096 barrels of oil (bbl) to the Railroad Commission of Texas between June 2022 and August 2026, from 1 wellbore.
- How much is RAG RUN SOUTH A4 worth?
- The remaining production from RAG RUN SOUTH A4 is estimated to be worth about $17.5M in total as of 26 August 2026, within a range of $14.5M to $20.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAG RUN SOUTH A4 is a fraction of it. The estimate fits an Arps decline curve to the production RAG RUN SOUTH A4 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAG RUN SOUTH A4 is an estimate of value, not an offer and not an appraisal.
- How much income does RAG RUN SOUTH A4 generate in a year?
- RAG RUN SOUTH A4 is forecast to net about $4.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RAG RUN SOUTH A4 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Callon Petroleum Operating Co |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 58788 |
| Wellbores | 1 |
| Reported production | 457,096 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $17.5M |
Where RAG RUN SOUTH A4 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.