SRH E 7-8 (PSA-E)

SRH E 7-8 (PSA-E) is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Laredo Petroleum, Inc. It has 2 wellbores on file with the Commission. Reported production runs from December 2018 to August 2026, totalling 336,021 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 $6.2M, with roughly $1.2M 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 867 barrels a month, about 434 per wellbore. Its strongest month on the record we hold was February 2019, at 29,207 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 SRH E 7-8 (PSA-E)

Who operates SRH E 7-8 (PSA-E)?: SRH E 7-8 (PSA-E) is operated by Laredo Petroleum, Inc., Railroad Commission of Texas operator number 486610.
Where is SRH E 7-8 (PSA-E)?: SRH E 7-8 (PSA-E) is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20199.
Is SRH E 7-8 (PSA-E) still producing?: SRH E 7-8 (PSA-E) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SRH E 7-8 (PSA-E) is August 2026.
How much has SRH E 7-8 (PSA-E) produced?: SRH E 7-8 (PSA-E) has reported 336,021 barrels of oil (bbl) to the Railroad Commission of Texas between December 2018 and August 2026, from 2 wellbores.
How much is SRH E 7-8 (PSA-E) worth?: The remaining production from SRH E 7-8 (PSA-E) is estimated to be worth about $6.2M in total as of 26 August 2026, within a range of $4.8M to $7.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SRH E 7-8 (PSA-E) is a fraction of it. The estimate fits an Arps decline curve to the production SRH E 7-8 (PSA-E) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SRH E 7-8 (PSA-E) is an estimate of value, not an offer and not an appraisal.
How much income does SRH E 7-8 (PSA-E) generate in a year?: SRH E 7-8 (PSA-E) is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SRH E 7-8 (PSA-E) receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SRH E 7-8 (PSA-E) as filed with the Railroad Commission of Texas
Operator	Laredo Petroleum, Inc.
Field	Spraberry (Trend Area) R 40 Exc
County	Reagan County, Texas
RRC district	7C
Lease number	20199
Wellbores	2
Reported production	336,021 bbl
First reported	December 2018
Last reported	August 2026
Estimated royalty value	$6.2M

Where SRH E 7-8 (PSA-E) sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.