OLYMPIC 54-2-7
OLYMPIC 54-2-7 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 December 2016 to August 2026, totalling 356,289 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 $3.3M, with roughly $896K 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 1,483 barrels a month. Its strongest month on the record we hold was February 2018, at 19,853 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 OLYMPIC 54-2-7
- Who operates OLYMPIC 54-2-7?
- OLYMPIC 54-2-7 is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is OLYMPIC 54-2-7?
- OLYMPIC 54-2-7 is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48841.
- Is OLYMPIC 54-2-7 still producing?
- OLYMPIC 54-2-7 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OLYMPIC 54-2-7 is August 2026.
- How much has OLYMPIC 54-2-7 produced?
- OLYMPIC 54-2-7 has reported 356,289 barrels of oil (bbl) to the Railroad Commission of Texas between December 2016 and August 2026, from 1 wellbore.
- How much is OLYMPIC 54-2-7 worth?
- The remaining production from OLYMPIC 54-2-7 is estimated to be worth about $3.3M in total as of 26 August 2026, within a range of $2.7M to $3.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OLYMPIC 54-2-7 is a fraction of it. The estimate fits an Arps decline curve to the production OLYMPIC 54-2-7 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OLYMPIC 54-2-7 is an estimate of value, not an offer and not an appraisal.
- How much income does OLYMPIC 54-2-7 generate in a year?
- OLYMPIC 54-2-7 is forecast to net about $896K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OLYMPIC 54-2-7 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 | 48841 |
| Wellbores | 1 |
| Reported production | 356,289 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where OLYMPIC 54-2-7 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.