HALFF 1R
HALFF 1R is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2018 to August 2026, totalling 369,274 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 $4.2M, with roughly $1.5M 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 2,088 barrels a month. Its strongest month on the record we hold was October 2018, at 23,787 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 HALFF 1R
- Who operates HALFF 1R?
- HALFF 1R is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is HALFF 1R?
- HALFF 1R is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20086.
- Is HALFF 1R still producing?
- HALFF 1R is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HALFF 1R is August 2026.
- How much has HALFF 1R produced?
- HALFF 1R has reported 369,274 barrels of oil (bbl) to the Railroad Commission of Texas between June 2018 and August 2026, from 1 wellbore.
- How much is HALFF 1R worth?
- The remaining production from HALFF 1R is estimated to be worth about $4.2M in total as of 26 August 2026, within a range of $3.4M to $4.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HALFF 1R is a fraction of it. The estimate fits an Arps decline curve to the production HALFF 1R has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HALFF 1R is an estimate of value, not an offer and not an appraisal.
- How much income does HALFF 1R generate in a year?
- HALFF 1R is forecast to net about $1.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HALFF 1R receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 20086 |
| Wellbores | 1 |
| Reported production | 369,274 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.2M |
Where HALFF 1R 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.