HARPER-E- OIL UNIT
HARPER-E- OIL UNIT is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Laredo Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2013 to August 2026, totalling 23,481 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 $166K, with roughly $26K 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 34 barrels a month. Its strongest month on the record we hold was March 2017, at 568 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 HARPER-E- OIL UNIT
- Who operates HARPER-E- OIL UNIT?
- HARPER-E- OIL UNIT is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
- Where is HARPER-E- OIL UNIT?
- HARPER-E- OIL UNIT is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18516.
- Is HARPER-E- OIL UNIT still producing?
- HARPER-E- OIL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARPER-E- OIL UNIT is August 2026.
- How much has HARPER-E- OIL UNIT produced?
- HARPER-E- OIL UNIT has reported 23,481 barrels of oil (bbl) to the Railroad Commission of Texas between October 2013 and August 2026, from 1 wellbore.
- How much is HARPER-E- OIL UNIT worth?
- The remaining production from HARPER-E- OIL UNIT is estimated to be worth about $166K in total as of 27 August 2026, within a range of $91K to $240K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARPER-E- OIL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HARPER-E- OIL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARPER-E- OIL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HARPER-E- OIL UNIT generate in a year?
- HARPER-E- OIL UNIT is forecast to net about $26K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HARPER-E- OIL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Laredo Petroleum, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 18516 |
| Wellbores | 1 |
| Reported production | 23,481 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $166K |
Where HARPER-E- OIL 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.