HARKRIDER UNIT
HARKRIDER UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Venado Oil & Gas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2013 to August 2026, totalling 254,127 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 $7.5M, with roughly $2.4M 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 5,375 barrels a month. Its strongest month on the record we hold was March 2025, at 12,918 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 HARKRIDER UNIT
- Who operates HARKRIDER UNIT?
- HARKRIDER UNIT is operated by Venado Oil & Gas, LLC, Railroad Commission of Texas operator number 884501.
- Where is HARKRIDER UNIT?
- HARKRIDER UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26394.
- Is HARKRIDER UNIT still producing?
- HARKRIDER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARKRIDER UNIT is August 2026.
- How much has HARKRIDER UNIT produced?
- HARKRIDER UNIT has reported 254,127 barrels of oil (bbl) to the Railroad Commission of Texas between October 2013 and August 2026, from 1 wellbore.
- How much is HARKRIDER UNIT worth?
- The remaining production from HARKRIDER UNIT is estimated to be worth about $7.5M in total as of 26 August 2026, within a range of $6.2M to $8.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARKRIDER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HARKRIDER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARKRIDER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HARKRIDER UNIT generate in a year?
- HARKRIDER UNIT is forecast to net about $2.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HARKRIDER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Venado Oil & Gas, LLC |
|---|---|
| Field | Southern Bay (Eagle Ford) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 26394 |
| Wellbores | 1 |
| Reported production | 254,127 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.5M |
Where HARKRIDER 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.