TARBET
TARBET is a Texas oil lease in Dawson County, Railroad Commission district 8A, operated by Halvey Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2023 to August 2026, totalling 8,107 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 $393K, with roughly $76K 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 110 barrels a month. Its strongest month on the record we hold was March 2023, at 434 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 TARBET
- Who operates TARBET?
- TARBET is operated by Halvey Energy, LLC, Railroad Commission of Texas operator number 347241.
- Where is TARBET?
- TARBET is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71299.
- Is TARBET still producing?
- TARBET is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TARBET is August 2026.
- How much has TARBET produced?
- TARBET has reported 8,107 barrels of oil (bbl) to the Railroad Commission of Texas between February 2023 and August 2026, from 1 wellbore.
- How much is TARBET worth?
- The remaining production from TARBET is estimated to be worth about $393K in total as of 26 August 2026, within a range of $307K to $480K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TARBET is a fraction of it. The estimate fits an Arps decline curve to the production TARBET has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TARBET is an estimate of value, not an offer and not an appraisal.
- How much income does TARBET generate in a year?
- TARBET is forecast to net about $76K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TARBET receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Halvey Energy, LLC |
|---|---|
| Field | Gin (Spraberry) |
| County | Dawson County, Texas |
| RRC district | 8A |
| Lease number | 71299 |
| Wellbores | 1 |
| Reported production | 8,107 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $393K |
Where TARBET 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.