CARPENTER 11-31 A UNIT
CARPENTER 11-31 A UNIT is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Highpeak Energy Holdings, LLC. It has 6 wellbores on file with the Commission. Reported production runs from December 2020 to August 2026, totalling 1,245,010 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 $55.7M, with roughly $12.2M 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 21,660 barrels a month, about 3,610 per wellbore. Its strongest month on the record we hold was January 2023, at 72,433 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 CARPENTER 11-31 A UNIT
- Who operates CARPENTER 11-31 A UNIT?
- CARPENTER 11-31 A UNIT is operated by Highpeak Energy Holdings, LLC, Railroad Commission of Texas operator number 385826.
- Where is CARPENTER 11-31 A UNIT?
- CARPENTER 11-31 A UNIT is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55683.
- Is CARPENTER 11-31 A UNIT still producing?
- CARPENTER 11-31 A UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARPENTER 11-31 A UNIT is August 2026.
- How much has CARPENTER 11-31 A UNIT produced?
- CARPENTER 11-31 A UNIT has reported 1,245,010 barrels of oil (bbl) to the Railroad Commission of Texas between December 2020 and August 2026, from 6 wellbores.
- How much is CARPENTER 11-31 A UNIT worth?
- The remaining production from CARPENTER 11-31 A UNIT is estimated to be worth about $55.7M in total as of 26 August 2026, within a range of $45.7M to $65.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARPENTER 11-31 A UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CARPENTER 11-31 A UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARPENTER 11-31 A UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CARPENTER 11-31 A UNIT generate in a year?
- CARPENTER 11-31 A UNIT is forecast to net about $12.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARPENTER 11-31 A UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Highpeak Energy Holdings, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 55683 |
| Wellbores | 6 |
| Reported production | 1,245,010 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $55.7M |
Where CARPENTER 11-31 A UNIT 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.