ORBIT 51-7-21-16 C
ORBIT 51-7-21-16 C is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Oxy Usa Wtp Lp. It has 1 wellbore on file with the Commission. Reported production runs from August 2023 to August 2026, totalling 463,289 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $208K, with roughly $66K expected over the next twelve months.
| Operator | Oxy Usa Wtp Lp |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 60124 |
| Wellbores | 1 |
| Reported production | 463,289 bbl |
| First reported | August 2023 |
| Last reported | August 2026 |
| Estimated royalty value | $208K |
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.