HARRIS-LADD
HARRIS-LADD is a Texas oil lease in Moore County, Railroad Commission district 10, operated by Spence Energy Company. It has 20 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 52,218 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 $311K, with roughly $57K 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 52 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was June 2018, at 190 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 HARRIS-LADD
- Who operates HARRIS-LADD?
- HARRIS-LADD is operated by Spence Energy Company, Railroad Commission of Texas operator number 809332.
- Where is HARRIS-LADD?
- HARRIS-LADD is a Texas oil lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 05484.
- Is HARRIS-LADD still producing?
- HARRIS-LADD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARRIS-LADD is August 2026.
- How much has HARRIS-LADD produced?
- HARRIS-LADD has reported 52,218 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 20 wellbores.
- How much is HARRIS-LADD worth?
- The remaining production from HARRIS-LADD is estimated to be worth about $311K in total as of 26 August 2026, within a range of $171K to $450K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARRIS-LADD is a fraction of it. The estimate fits an Arps decline curve to the production HARRIS-LADD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARRIS-LADD is an estimate of value, not an offer and not an appraisal.
- How much income does HARRIS-LADD generate in a year?
- HARRIS-LADD is forecast to net about $57K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HARRIS-LADD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Spence Energy Company |
|---|---|
| Field | Panhandle Moore County Field |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 05484 |
| Wellbores | 20 |
| Reported production | 52,218 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $311K |
Where HARRIS-LADD 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.