CONRAD 70-82 B UNIT
CONRAD 70-82 B UNIT is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Highpeak Energy Holdings, LLC. It has 4 wellbores on file with the Commission. Reported production runs from December 2024 to August 2026, totalling 486,680 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 $7.9M, with roughly $7.0M 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 39,232 barrels a month, about 9,808 per wellbore. Its strongest month on the record we hold was August 2025, at 84,922 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 CONRAD 70-82 B UNIT
- Who operates CONRAD 70-82 B UNIT?
- CONRAD 70-82 B UNIT is operated by Highpeak Energy Holdings, LLC, Railroad Commission of Texas operator number 385826.
- Where is CONRAD 70-82 B UNIT?
- CONRAD 70-82 B UNIT is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62902.
- Is CONRAD 70-82 B UNIT still producing?
- CONRAD 70-82 B UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONRAD 70-82 B UNIT is August 2026.
- How much has CONRAD 70-82 B UNIT produced?
- CONRAD 70-82 B UNIT has reported 486,680 barrels of oil (bbl) to the Railroad Commission of Texas between December 2024 and August 2026, from 4 wellbores.
- How much is CONRAD 70-82 B UNIT worth?
- The remaining production from CONRAD 70-82 B UNIT is estimated to be worth about $7.9M in total as of 26 August 2026, within a range of $6.4M to $9.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONRAD 70-82 B UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CONRAD 70-82 B UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONRAD 70-82 B UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CONRAD 70-82 B UNIT generate in a year?
- CONRAD 70-82 B UNIT is forecast to net about $7.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONRAD 70-82 B 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 | 62902 |
| Wellbores | 4 |
| Reported production | 486,680 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.9M |
Where CONRAD 70-82 B 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.