H.E. TUBB NORTH
H.E. TUBB NORTH is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Meritage Energy Company, LLC. It has 2 wellbores on file with the Commission. Reported production runs from June 2011 to August 2026, totalling 44,820 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 $410K, with roughly $76K 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 81 barrels a month, about 40 per wellbore. Its strongest month on the record we hold was March 2017, at 1,669 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 H.E. TUBB NORTH
- Who operates H.E. TUBB NORTH?
- H.E. TUBB NORTH is operated by Meritage Energy Company, LLC, Railroad Commission of Texas operator number 561156.
- Where is H.E. TUBB NORTH?
- H.E. TUBB NORTH is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41587.
- Is H.E. TUBB NORTH still producing?
- H.E. TUBB NORTH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for H.E. TUBB NORTH is August 2026.
- How much has H.E. TUBB NORTH produced?
- H.E. TUBB NORTH has reported 44,820 barrels of oil (bbl) to the Railroad Commission of Texas between June 2011 and August 2026, from 2 wellbores.
- How much is H.E. TUBB NORTH worth?
- The remaining production from H.E. TUBB NORTH is estimated to be worth about $410K in total as of 26 August 2026, within a range of $225K to $594K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in H.E. TUBB NORTH is a fraction of it. The estimate fits an Arps decline curve to the production H.E. TUBB NORTH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for H.E. TUBB NORTH is an estimate of value, not an offer and not an appraisal.
- How much income does H.E. TUBB NORTH generate in a year?
- H.E. TUBB NORTH is forecast to net about $76K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in H.E. TUBB NORTH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Meritage Energy Company, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 41587 |
| Wellbores | 2 |
| Reported production | 44,820 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $410K |
Where H.E. TUBB NORTH 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.