SCP 119
SCP 119 is a Texas oil lease in Roberts County, Railroad Commission district 10, operated by Latigo Petroleum, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2023 to August 2026, totalling 27,992 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 $445K, with roughly $233K 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 336 barrels a month. Its strongest month on the record we hold was August 2023, at 3,237 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 SCP 119
- Who operates SCP 119?
- SCP 119 is operated by Latigo Petroleum, LLC, Railroad Commission of Texas operator number 488260.
- Where is SCP 119?
- SCP 119 is a Texas oil lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09820.
- Is SCP 119 still producing?
- SCP 119 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCP 119 is August 2026.
- How much has SCP 119 produced?
- SCP 119 has reported 27,992 barrels of oil (bbl) to the Railroad Commission of Texas between July 2023 and August 2026, from 1 wellbore.
- How much is SCP 119 worth?
- The remaining production from SCP 119 is estimated to be worth about $445K in total as of 26 August 2026, within a range of $347K to $543K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCP 119 is a fraction of it. The estimate fits an Arps decline curve to the production SCP 119 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCP 119 is an estimate of value, not an offer and not an appraisal.
- How much income does SCP 119 generate in a year?
- SCP 119 is forecast to net about $233K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCP 119 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Latigo Petroleum, LLC |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 09820 |
| Wellbores | 1 |
| Reported production | 27,992 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $445K |
Where SCP 119 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.