HARB
HARB is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 609,998 thousand cubic feet. 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 $137K, with roughly $21K 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 863 thousand cubic feet a month. Its strongest month on the record we hold was June 2020, at 3,516 thousand cubic feet. 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 HARB
- Who operates HARB?
- HARB is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is HARB?
- HARB is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 024890.
- Is HARB still producing?
- HARB is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARB is August 2026.
- How much has HARB produced?
- HARB has reported 609,998 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HARB worth?
- The remaining production from HARB is estimated to be worth about $137K in total as of 26 August 2026, within a range of $107K to $167K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARB is a fraction of it. The estimate fits an Arps decline curve to the production HARB has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARB is an estimate of value, not an offer and not an appraisal.
- How much income does HARB generate in a year?
- HARB is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HARB receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Panhandle, West |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 024890 |
| Wellbores | 1 |
| Reported production | 609,998 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $137K |
Where HARB 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.