AGATE E
AGATE E is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Vital Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2025 to August 2026, totalling 191,011 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 $22.1M, with roughly $8.3M 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 15,050 barrels a month. Its strongest month on the record we hold was July 2025, at 26,826 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 AGATE E
- Who operates AGATE E?
- AGATE E is operated by Vital Energy, Inc., Railroad Commission of Texas operator number 100951.
- Where is AGATE E?
- AGATE E is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 64437.
- Is AGATE E still producing?
- AGATE E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AGATE E is August 2026.
- How much has AGATE E produced?
- AGATE E has reported 191,011 barrels of oil (bbl) to the Railroad Commission of Texas between April 2025 and August 2026, from 1 wellbore.
- How much is AGATE E worth?
- The remaining production from AGATE E is estimated to be worth about $22.1M in total as of 27 August 2026, within a range of $18.1M to $26.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AGATE E is a fraction of it. The estimate fits an Arps decline curve to the production AGATE E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AGATE E is an estimate of value, not an offer and not an appraisal.
- How much income does AGATE E generate in a year?
- AGATE E is forecast to net about $8.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in AGATE E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Vital Energy, Inc. |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 64437 |
| Wellbores | 1 |
| Reported production | 191,011 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $22.1M |
Where AGATE E 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.