BITTERROOT 54-1-18
BITTERROOT 54-1-18 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2015 to August 2026, totalling 273,397 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 $3.1M, with roughly $600K 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 632 barrels a month. Its strongest month on the record we hold was July 2016, at 6,874 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BITTERROOT 54-1-18
- Who operates BITTERROOT 54-1-18?
- BITTERROOT 54-1-18 is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is BITTERROOT 54-1-18?
- BITTERROOT 54-1-18 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47245.
- Is BITTERROOT 54-1-18 still producing?
- BITTERROOT 54-1-18 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BITTERROOT 54-1-18 is August 2026.
- How much has BITTERROOT 54-1-18 produced?
- BITTERROOT 54-1-18 has reported 273,397 barrels of oil (bbl) to the Railroad Commission of Texas between November 2015 and August 2026, from 1 wellbore.
- How much is BITTERROOT 54-1-18 worth?
- The remaining production from BITTERROOT 54-1-18 is estimated to be worth about $3.1M in total as of 26 August 2026, within a range of $2.4M to $3.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BITTERROOT 54-1-18 is a fraction of it. The estimate fits an Arps decline curve to the production BITTERROOT 54-1-18 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BITTERROOT 54-1-18 is an estimate of value, not an offer and not an appraisal.
- How much income does BITTERROOT 54-1-18 generate in a year?
- BITTERROOT 54-1-18 is forecast to net about $600K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BITTERROOT 54-1-18 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Onshore LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 47245 |
| Wellbores | 1 |
| Reported production | 273,397 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.1M |
Where BITTERROOT 54-1-18 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.