HOUPT
HOUPT is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Parker & Parsley Development Co. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 188,541 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 $1.1M, with roughly $244K 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 292 barrels a month, about 97 per wellbore. Its strongest month on the record we hold was December 2018, at 1,394 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 HOUPT
- Who operates HOUPT?
- HOUPT is operated by Parker & Parsley Development Co., Railroad Commission of Texas operator number 640889.
- Where is HOUPT?
- HOUPT is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 27657.
- Is HOUPT still producing?
- HOUPT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOUPT is August 2026.
- How much has HOUPT produced?
- HOUPT has reported 188,541 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is HOUPT worth?
- The remaining production from HOUPT is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $890K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOUPT is a fraction of it. The estimate fits an Arps decline curve to the production HOUPT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOUPT is an estimate of value, not an offer and not an appraisal.
- How much income does HOUPT generate in a year?
- HOUPT is forecast to net about $244K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOUPT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 27657 |
| Wellbores | 3 |
| Reported production | 188,541 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where HOUPT 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.