HARMON
HARMON is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Felderhoff Production Company. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 40,494 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 $114K, with roughly $22K 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 26 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was October 2017, at 197 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 HARMON
- Who operates HARMON?
- HARMON is operated by Felderhoff Production Company, Railroad Commission of Texas operator number 265140.
- Where is HARMON?
- HARMON is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 19839.
- Is HARMON still producing?
- HARMON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARMON is August 2026.
- How much has HARMON produced?
- HARMON has reported 40,494 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is HARMON worth?
- The remaining production from HARMON is estimated to be worth about $114K in total as of 26 August 2026, within a range of $63K to $165K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARMON is a fraction of it. The estimate fits an Arps decline curve to the production HARMON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARMON is an estimate of value, not an offer and not an appraisal.
- How much income does HARMON generate in a year?
- HARMON is forecast to net about $22K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HARMON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Felderhoff Production Company |
|---|---|
| Field | Montague County Regular |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 19839 |
| Wellbores | 5 |
| Reported production | 40,494 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $114K |
Where HARMON 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.