AFRICAN LION STATE UNIT 1W32
AFRICAN LION STATE UNIT 1W32 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2023 to August 2026, totalling 175,925 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 $10.1M, with roughly $2.7M 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 4,051 barrels a month. Its strongest month on the record we hold was July 2023, at 8,608 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 AFRICAN LION STATE UNIT 1W32
- Who operates AFRICAN LION STATE UNIT 1W32?
- AFRICAN LION STATE UNIT 1W32 is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is AFRICAN LION STATE UNIT 1W32?
- AFRICAN LION STATE UNIT 1W32 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60023.
- Is AFRICAN LION STATE UNIT 1W32 still producing?
- AFRICAN LION STATE UNIT 1W32 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AFRICAN LION STATE UNIT 1W32 is August 2026.
- How much has AFRICAN LION STATE UNIT 1W32 produced?
- AFRICAN LION STATE UNIT 1W32 has reported 175,925 barrels of oil (bbl) to the Railroad Commission of Texas between May 2023 and August 2026, from 1 wellbore.
- How much is AFRICAN LION STATE UNIT 1W32 worth?
- The remaining production from AFRICAN LION STATE UNIT 1W32 is estimated to be worth about $10.1M in total as of 26 August 2026, within a range of $8.4M to $11.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AFRICAN LION STATE UNIT 1W32 is a fraction of it. The estimate fits an Arps decline curve to the production AFRICAN LION STATE UNIT 1W32 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AFRICAN LION STATE UNIT 1W32 is an estimate of value, not an offer and not an appraisal.
- How much income does AFRICAN LION STATE UNIT 1W32 generate in a year?
- AFRICAN LION STATE UNIT 1W32 is forecast to net about $2.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AFRICAN LION STATE UNIT 1W32 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Onshore LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 60023 |
| Wellbores | 1 |
| Reported production | 175,925 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.1M |
Where AFRICAN LION STATE UNIT 1W32 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.