HARP
HARP is a Texas oil lease in Jones County, Railroad Commission district 7B, operated by Ampak Oil Company. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 38,193 barrels. The lease is intermittent. 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 $39K, with roughly $8K 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 3 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was May 2016, at 10 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 HARP
- Who operates HARP?
- HARP is operated by Ampak Oil Company, Railroad Commission of Texas operator number 020463.
- Where is HARP?
- HARP is a Texas oil lease in Jones County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 25178.
- Is HARP still producing?
- HARP is intermittent. The most recent month of production reported to the Railroad Commission of Texas for HARP is August 2026.
- How much has HARP produced?
- HARP has reported 38,193 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is HARP worth?
- The remaining production from HARP is estimated to be worth about $39K in total as of 26 August 2026, within a range of $0 to $78K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARP is a fraction of it. The estimate fits an Arps decline curve to the production HARP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARP is an estimate of value, not an offer and not an appraisal.
- How much income does HARP generate in a year?
- HARP is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HARP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ampak Oil Company |
|---|---|
| Field | Ampak (Flippen Sand) |
| County | Jones County, Texas |
| RRC district | 7B |
| Lease number | 25178 |
| Wellbores | 5 |
| Reported production | 38,193 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $39K |
Where HARP 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.