ISBELL HORIZONTAL UNIT
ISBELL HORIZONTAL UNIT is a Texas oil lease in Midland County, Railroad Commission district 08, operated by High Sky Partners LLC. It has 13 wellbores on file with the Commission. Reported production runs from April 2015 to August 2026, totalling 2,258,114 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 $12.9M, with roughly $4.1M 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 5,713 barrels a month, about 439 per wellbore. Its strongest month on the record we hold was December 2018, at 79,720 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 ISBELL HORIZONTAL UNIT
- Who operates ISBELL HORIZONTAL UNIT?
- ISBELL HORIZONTAL UNIT is operated by High Sky Partners LLC, Railroad Commission of Texas operator number 385767.
- Where is ISBELL HORIZONTAL UNIT?
- ISBELL HORIZONTAL UNIT is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46986.
- Is ISBELL HORIZONTAL UNIT still producing?
- ISBELL HORIZONTAL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ISBELL HORIZONTAL UNIT is August 2026.
- How much has ISBELL HORIZONTAL UNIT produced?
- ISBELL HORIZONTAL UNIT has reported 2,258,114 barrels of oil (bbl) to the Railroad Commission of Texas between April 2015 and August 2026, from 13 wellbores.
- How much is ISBELL HORIZONTAL UNIT worth?
- The remaining production from ISBELL HORIZONTAL UNIT is estimated to be worth about $12.9M in total as of 26 August 2026, within a range of $10.7M to $15.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ISBELL HORIZONTAL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ISBELL HORIZONTAL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ISBELL HORIZONTAL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ISBELL HORIZONTAL UNIT generate in a year?
- ISBELL HORIZONTAL UNIT is forecast to net about $4.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ISBELL HORIZONTAL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | High Sky Partners LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 46986 |
| Wellbores | 13 |
| Reported production | 2,258,114 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.9M |
Where ISBELL HORIZONTAL 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.