INVICTUS 29-48

INVICTUS 29-48 is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Halcon Operating Co., Inc. It has 2 wellbores on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 697,196 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 $8.9M, with roughly $2.0M 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 3,014 barrels a month, about 1,507 per wellbore. Its strongest month on the record we hold was February 2019, at 40,656 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 INVICTUS 29-48

Who operates INVICTUS 29-48?
INVICTUS 29-48 is operated by Halcon Operating Co., Inc., Railroad Commission of Texas operator number 344412.
Where is INVICTUS 29-48?
INVICTUS 29-48 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52631.
Is INVICTUS 29-48 still producing?
INVICTUS 29-48 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for INVICTUS 29-48 is August 2026.
How much has INVICTUS 29-48 produced?
INVICTUS 29-48 has reported 697,196 barrels of oil (bbl) to the Railroad Commission of Texas between November 2018 and August 2026, from 2 wellbores.
How much is INVICTUS 29-48 worth?
The remaining production from INVICTUS 29-48 is estimated to be worth about $8.9M in total as of 27 August 2026, within a range of $7.4M to $10.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in INVICTUS 29-48 is a fraction of it. The estimate fits an Arps decline curve to the production INVICTUS 29-48 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for INVICTUS 29-48 is an estimate of value, not an offer and not an appraisal.
How much income does INVICTUS 29-48 generate in a year?
INVICTUS 29-48 is forecast to net about $2.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in INVICTUS 29-48 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

INVICTUS 29-48 as filed with the Railroad Commission of Texas
OperatorHalcon Operating Co., Inc.
FieldPhantom (Wolfcamp)
CountyLoving County, Texas
RRC district08
Lease number52631
Wellbores2
Reported production697,196 bbl
First reported
Last reported
Estimated royalty value$8.9M

Where INVICTUS 29-48 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.