HARBAUGH COURSON 132

HARBAUGH COURSON 132 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Holmes Exploration, LLC. It has 2 wellbores on file with the Commission. Reported production runs from June 2011 to August 2026, totalling 67,483 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 $943K, with roughly $196K 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 256 barrels a month, about 128 per wellbore. Its strongest month on the record we hold was August 2016, at 719 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 HARBAUGH COURSON 132

Who operates HARBAUGH COURSON 132?
HARBAUGH COURSON 132 is operated by Holmes Exploration, LLC, Railroad Commission of Texas operator number 394700.
Where is HARBAUGH COURSON 132?
HARBAUGH COURSON 132 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08687.
Is HARBAUGH COURSON 132 still producing?
HARBAUGH COURSON 132 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARBAUGH COURSON 132 is August 2026.
How much has HARBAUGH COURSON 132 produced?
HARBAUGH COURSON 132 has reported 67,483 barrels of oil (bbl) to the Railroad Commission of Texas between June 2011 and August 2026, from 2 wellbores.
How much is HARBAUGH COURSON 132 worth?
The remaining production from HARBAUGH COURSON 132 is estimated to be worth about $943K in total as of 27 August 2026, within a range of $736K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARBAUGH COURSON 132 is a fraction of it. The estimate fits an Arps decline curve to the production HARBAUGH COURSON 132 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARBAUGH COURSON 132 is an estimate of value, not an offer and not an appraisal.
How much income does HARBAUGH COURSON 132 generate in a year?
HARBAUGH COURSON 132 is forecast to net about $196K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HARBAUGH COURSON 132 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HARBAUGH COURSON 132 as filed with the Railroad Commission of Texas
OperatorHolmes Exploration, LLC
FieldPan Petro (Cleveland)
CountyOchiltree County, Texas
RRC district10
Lease number08687
Wellbores2
Reported production67,483 bbl
First reported
Last reported
Estimated royalty value$943K

Where HARBAUGH COURSON 132 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.