HARLAN, R. K.
HARLAN, R. K. is a Texas oil lease in Frio County, Railroad Commission district 01, operated by Virtex Operating Company, Inc. It has 5 wellbores on file with the Commission. Reported production runs from August 2011 to August 2026, totalling 398,740 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 $655K, with roughly $238K 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 486 barrels a month, about 97 per wellbore. Its strongest month on the record we hold was October 2018, at 4,482 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 HARLAN, R. K.
- Who operates HARLAN, R. K.?
- HARLAN, R. K. is operated by Virtex Operating Company, Inc., Railroad Commission of Texas operator number 886261.
- Where is HARLAN, R. K.?
- HARLAN, R. K. is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16215.
- Is HARLAN, R. K. still producing?
- HARLAN, R. K. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARLAN, R. K. is August 2026.
- How much has HARLAN, R. K. produced?
- HARLAN, R. K. has reported 398,740 barrels of oil (bbl) to the Railroad Commission of Texas between August 2011 and August 2026, from 5 wellbores.
- How much is HARLAN, R. K. worth?
- The remaining production from HARLAN, R. K. is estimated to be worth about $655K in total as of 27 August 2026, within a range of $511K to $799K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARLAN, R. K. is a fraction of it. The estimate fits an Arps decline curve to the production HARLAN, R. K. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARLAN, R. K. is an estimate of value, not an offer and not an appraisal.
- How much income does HARLAN, R. K. generate in a year?
- HARLAN, R. K. is forecast to net about $238K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HARLAN, R. K. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Virtex Operating Company, Inc. |
|---|---|
| Field | Pearsall (Austin Chalk) |
| County | Frio County, Texas |
| RRC district | 01 |
| Lease number | 16215 |
| Wellbores | 5 |
| Reported production | 398,740 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $655K |
Where HARLAN, R. K. 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.