PALAURA-RAPP
PALAURA-RAPP is a Texas oil lease in Hardeman County, Railroad Commission district 09, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 134,543 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 $415K, with roughly $80K 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 100 barrels a month. Its strongest month on the record we hold was July 2020, at 261 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 PALAURA-RAPP
- Who operates PALAURA-RAPP?
- PALAURA-RAPP is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is PALAURA-RAPP?
- PALAURA-RAPP is a Texas oil lease in Hardeman County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 23450.
- Is PALAURA-RAPP still producing?
- PALAURA-RAPP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PALAURA-RAPP is August 2026.
- How much has PALAURA-RAPP produced?
- PALAURA-RAPP has reported 134,543 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PALAURA-RAPP worth?
- The remaining production from PALAURA-RAPP is estimated to be worth about $415K in total as of 27 August 2026, within a range of $323K to $506K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PALAURA-RAPP is a fraction of it. The estimate fits an Arps decline curve to the production PALAURA-RAPP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PALAURA-RAPP is an estimate of value, not an offer and not an appraisal.
- How much income does PALAURA-RAPP generate in a year?
- PALAURA-RAPP is forecast to net about $80K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PALAURA-RAPP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Chillicothe, SW. (Miss. Chappel) |
| County | Hardeman County, Texas |
| RRC district | 09 |
| Lease number | 23450 |
| Wellbores | 1 |
| Reported production | 134,543 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $415K |
Where PALAURA-RAPP 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.