CABRITO STATE
CABRITO STATE is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 7 wellbores on file with the Commission. Reported production runs from September 2014 to August 2026, totalling 256,950 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 $8.3M, with roughly $1.8M 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 2,402 barrels a month, about 343 per wellbore. Its strongest month on the record we hold was August 2020, at 7,666 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 CABRITO STATE
- Who operates CABRITO STATE?
- CABRITO STATE is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is CABRITO STATE?
- CABRITO STATE is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54544.
- Is CABRITO STATE still producing?
- CABRITO STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CABRITO STATE is August 2026.
- How much has CABRITO STATE produced?
- CABRITO STATE has reported 256,950 barrels of oil (bbl) to the Railroad Commission of Texas between September 2014 and August 2026, from 7 wellbores.
- How much is CABRITO STATE worth?
- The remaining production from CABRITO STATE is estimated to be worth about $8.3M in total as of 26 August 2026, within a range of $6.9M to $9.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CABRITO STATE is a fraction of it. The estimate fits an Arps decline curve to the production CABRITO STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CABRITO STATE is an estimate of value, not an offer and not an appraisal.
- How much income does CABRITO STATE generate in a year?
- CABRITO STATE is forecast to net about $1.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CABRITO STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Onshore LLC |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 54544 |
| Wellbores | 7 |
| Reported production | 256,950 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.3M |
Where CABRITO STATE 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.