BOREAS 79
BOREAS 79 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Arris Operating Company LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2015 to August 2026, totalling 286,729 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 $1.0M, with roughly $353K 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 605 barrels a month. Its strongest month on the record we hold was May 2016, at 10,357 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 BOREAS 79
- Who operates BOREAS 79?
- BOREAS 79 is operated by Arris Operating Company LLC, Railroad Commission of Texas operator number 033176.
- Where is BOREAS 79?
- BOREAS 79 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47628.
- Is BOREAS 79 still producing?
- BOREAS 79 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOREAS 79 is August 2026.
- How much has BOREAS 79 produced?
- BOREAS 79 has reported 286,729 barrels of oil (bbl) to the Railroad Commission of Texas between December 2015 and August 2026, from 1 wellbore.
- How much is BOREAS 79 worth?
- The remaining production from BOREAS 79 is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $806K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOREAS 79 is a fraction of it. The estimate fits an Arps decline curve to the production BOREAS 79 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOREAS 79 is an estimate of value, not an offer and not an appraisal.
- How much income does BOREAS 79 generate in a year?
- BOREAS 79 is forecast to net about $353K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BOREAS 79 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arris Operating Company LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 47628 |
| Wellbores | 1 |
| Reported production | 286,729 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where BOREAS 79 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.