CARPEDIEM
CARPEDIEM is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Latigo Drilling, LLC. It has 5 wellbores on file with the Commission. Reported production runs from November 2008 to August 2026, totalling 4,288 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 $115K, 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 30 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was November 2018, at 136 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 CARPEDIEM
- Who operates CARPEDIEM?
- CARPEDIEM is operated by Latigo Drilling, LLC, Railroad Commission of Texas operator number 488257.
- Where is CARPEDIEM?
- CARPEDIEM is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31155.
- Is CARPEDIEM still producing?
- CARPEDIEM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARPEDIEM is August 2026.
- How much has CARPEDIEM produced?
- CARPEDIEM has reported 4,288 barrels of oil (bbl) to the Railroad Commission of Texas between November 2008 and August 2026, from 5 wellbores.
- How much is CARPEDIEM worth?
- The remaining production from CARPEDIEM is estimated to be worth about $115K in total as of 27 August 2026, within a range of $63K to $166K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARPEDIEM is a fraction of it. The estimate fits an Arps decline curve to the production CARPEDIEM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARPEDIEM is an estimate of value, not an offer and not an appraisal.
- How much income does CARPEDIEM generate in a year?
- CARPEDIEM is forecast to net about $22K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CARPEDIEM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Latigo Drilling, LLC |
|---|---|
| Field | Archer County Regular |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 31155 |
| Wellbores | 5 |
| Reported production | 4,288 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $115K |
Where CARPEDIEM 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.