GREEN LANTERN
GREEN LANTERN is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by PPC Operating Company LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2013 to August 2026, totalling 21,025 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 $353K, with roughly $68K 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 92 barrels a month. Its strongest month on the record we hold was August 2020, at 398 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 GREEN LANTERN
- Who operates GREEN LANTERN?
- GREEN LANTERN is operated by PPC Operating Company LLC, Railroad Commission of Texas operator number 631462.
- Where is GREEN LANTERN?
- GREEN LANTERN is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70229.
- Is GREEN LANTERN still producing?
- GREEN LANTERN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREEN LANTERN is August 2026.
- How much has GREEN LANTERN produced?
- GREEN LANTERN has reported 21,025 barrels of oil (bbl) to the Railroad Commission of Texas between September 2013 and August 2026, from 1 wellbore.
- How much is GREEN LANTERN worth?
- The remaining production from GREEN LANTERN is estimated to be worth about $353K in total as of 26 August 2026, within a range of $194K to $511K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREEN LANTERN is a fraction of it. The estimate fits an Arps decline curve to the production GREEN LANTERN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREEN LANTERN is an estimate of value, not an offer and not an appraisal.
- How much income does GREEN LANTERN generate in a year?
- GREEN LANTERN is forecast to net about $68K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GREEN LANTERN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | PPC Operating Company LLC |
|---|---|
| Field | Cy-Jack (LWCC) |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 70229 |
| Wellbores | 1 |
| Reported production | 21,025 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $353K |
Where GREEN LANTERN 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.