NEPTUNE
NEPTUNE is a Texas oil lease in Brazos County, Railroad Commission district 05, operated by Wildfire Energy Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2025 to August 2026, totalling 109,607 barrels. The lease is intermittent. 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 $42.4M, with roughly $15.3M 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 11,734 barrels a month. Its strongest month on the record we hold was February 2026, at 27,340 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 NEPTUNE
- Who operates NEPTUNE?
- NEPTUNE is operated by Wildfire Energy Operating LLC, Railroad Commission of Texas operator number 923444.
- Where is NEPTUNE?
- NEPTUNE is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04495.
- Is NEPTUNE still producing?
- NEPTUNE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for NEPTUNE is August 2026.
- How much has NEPTUNE produced?
- NEPTUNE has reported 109,607 barrels of oil (bbl) to the Railroad Commission of Texas between September 2025 and August 2026, from 1 wellbore.
- How much is NEPTUNE worth?
- The remaining production from NEPTUNE is estimated to be worth about $42.4M in total as of 26 August 2026, within a range of $34.8M to $50.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEPTUNE is a fraction of it. The estimate fits an Arps decline curve to the production NEPTUNE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEPTUNE is an estimate of value, not an offer and not an appraisal.
- How much income does NEPTUNE generate in a year?
- NEPTUNE is forecast to net about $15.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEPTUNE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wildfire Energy Operating LLC |
|---|---|
| Field | Aguila Vado (Eagleford) |
| County | Brazos County, Texas |
| RRC district | 05 |
| Lease number | 04495 |
| Wellbores | 1 |
| Reported production | 109,607 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $42.4M |
Where NEPTUNE 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.