OLDHAM 38-27 B UNIT
OLDHAM 38-27 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 March 2020 to August 2026, totalling 900,186 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 $1.7M 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 2,985 barrels a month, about 746 per wellbore. Its strongest month on the record we hold was September 2020, at 76,376 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 OLDHAM 38-27 B UNIT
- Who operates OLDHAM 38-27 B UNIT?
- OLDHAM 38-27 B UNIT is operated by Highpeak Energy Holdings, LLC, Railroad Commission of Texas operator number 385826.
- Where is OLDHAM 38-27 B UNIT?
- OLDHAM 38-27 B UNIT is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54008.
- Is OLDHAM 38-27 B UNIT still producing?
- OLDHAM 38-27 B UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OLDHAM 38-27 B UNIT is August 2026.
- How much has OLDHAM 38-27 B UNIT produced?
- OLDHAM 38-27 B UNIT has reported 900,186 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 4 wellbores.
- How much is OLDHAM 38-27 B UNIT worth?
- The remaining production from OLDHAM 38-27 B UNIT is estimated to be worth about $7.9M in total as of 26 August 2026, within a range of $6.6M to $9.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OLDHAM 38-27 B UNIT is a fraction of it. The estimate fits an Arps decline curve to the production OLDHAM 38-27 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 OLDHAM 38-27 B UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does OLDHAM 38-27 B UNIT generate in a year?
- OLDHAM 38-27 B UNIT is forecast to net about $1.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OLDHAM 38-27 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 | 54008 |
| Wellbores | 4 |
| Reported production | 900,186 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.9M |
Where OLDHAM 38-27 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.