ALMA
ALMA is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Phillips Petroleum Company. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 151,326 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 $260K, with roughly $49K 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 49 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was February 2018, at 388 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 ALMA
- Who operates ALMA?
- ALMA is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is ALMA?
- ALMA is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 18022.
- Is ALMA still producing?
- ALMA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALMA is August 2026.
- How much has ALMA produced?
- ALMA has reported 151,326 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is ALMA worth?
- The remaining production from ALMA is estimated to be worth about $260K in total as of 26 August 2026, within a range of $143K to $377K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALMA is a fraction of it. The estimate fits an Arps decline curve to the production ALMA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALMA is an estimate of value, not an offer and not an appraisal.
- How much income does ALMA generate in a year?
- ALMA is forecast to net about $49K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALMA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | TXL (Tubb) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 18022 |
| Wellbores | 6 |
| Reported production | 151,326 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $260K |
Where ALMA 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.