ALLAR 18
ALLAR 18 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Hannathon Petroleum, LLC. It has 8 wellbores on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 378,429 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 $2.3M, with roughly $468K 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 580 barrels a month, about 73 per wellbore. Its strongest month on the record we hold was March 2017, at 11,413 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 ALLAR 18
- Who operates ALLAR 18?
- ALLAR 18 is operated by Hannathon Petroleum, LLC, Railroad Commission of Texas operator number 354954.
- Where is ALLAR 18?
- ALLAR 18 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46524.
- Is ALLAR 18 still producing?
- ALLAR 18 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALLAR 18 is August 2026.
- How much has ALLAR 18 produced?
- ALLAR 18 has reported 378,429 barrels of oil (bbl) to the Railroad Commission of Texas between October 2014 and August 2026, from 8 wellbores.
- How much is ALLAR 18 worth?
- The remaining production from ALLAR 18 is estimated to be worth about $2.3M in total as of 26 August 2026, within a range of $1.8M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALLAR 18 is a fraction of it. The estimate fits an Arps decline curve to the production ALLAR 18 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALLAR 18 is an estimate of value, not an offer and not an appraisal.
- How much income does ALLAR 18 generate in a year?
- ALLAR 18 is forecast to net about $468K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALLAR 18 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hannathon Petroleum, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 46524 |
| Wellbores | 8 |
| Reported production | 378,429 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where ALLAR 18 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.