HARPER 32-232

HARPER 32-232 is a Texas oil lease in Hemphill County, Railroad Commission district 10, operated by Ehvi Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2023 to August 2026, totalling 43,133 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 $773K, with roughly $437K 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 938 barrels a month. Its strongest month on the record we hold was February 2024, at 3,431 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 HARPER 32-232

Who operates HARPER 32-232?
HARPER 32-232 is operated by Ehvi Exploration, LLC, Railroad Commission of Texas operator number 100475.
Where is HARPER 32-232?
HARPER 32-232 is a Texas oil lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09841.
Is HARPER 32-232 still producing?
HARPER 32-232 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARPER 32-232 is August 2026.
How much has HARPER 32-232 produced?
HARPER 32-232 has reported 43,133 barrels of oil (bbl) to the Railroad Commission of Texas between December 2023 and August 2026, from 1 wellbore.
How much is HARPER 32-232 worth?
The remaining production from HARPER 32-232 is estimated to be worth about $773K in total as of 27 August 2026, within a range of $603K to $943K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARPER 32-232 is a fraction of it. The estimate fits an Arps decline curve to the production HARPER 32-232 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARPER 32-232 is an estimate of value, not an offer and not an appraisal.
How much income does HARPER 32-232 generate in a year?
HARPER 32-232 is forecast to net about $437K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HARPER 32-232 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HARPER 32-232 as filed with the Railroad Commission of Texas
OperatorEhvi Exploration, LLC
FieldBuffalo Wallow (Granite Wash)
CountyHemphill County, Texas
RRC district10
Lease number09841
Wellbores1
Reported production43,133 bbl
First reported
Last reported
Estimated royalty value$773K

Where HARPER 32-232 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.