CAROLINA REAPER STATE UNIT A-1
CAROLINA REAPER STATE UNIT A-1 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Noble Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2018 to August 2026, totalling 646,894 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 $2.3M, with roughly $996K 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 1,777 barrels a month. Its strongest month on the record we hold was July 2018, at 39,172 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 CAROLINA REAPER STATE UNIT A-1
- Who operates CAROLINA REAPER STATE UNIT A-1?
- CAROLINA REAPER STATE UNIT A-1 is operated by Noble Energy Inc, Railroad Commission of Texas operator number 611665.
- Where is CAROLINA REAPER STATE UNIT A-1?
- CAROLINA REAPER STATE UNIT A-1 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51182.
- Is CAROLINA REAPER STATE UNIT A-1 still producing?
- CAROLINA REAPER STATE UNIT A-1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CAROLINA REAPER STATE UNIT A-1 is August 2026.
- How much has CAROLINA REAPER STATE UNIT A-1 produced?
- CAROLINA REAPER STATE UNIT A-1 has reported 646,894 barrels of oil (bbl) to the Railroad Commission of Texas between June 2018 and August 2026, from 1 wellbore.
- How much is CAROLINA REAPER STATE UNIT A-1 worth?
- The remaining production from CAROLINA REAPER STATE UNIT A-1 is estimated to be worth about $2.3M in total as of 27 August 2026, within a range of $1.9M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CAROLINA REAPER STATE UNIT A-1 is a fraction of it. The estimate fits an Arps decline curve to the production CAROLINA REAPER STATE UNIT A-1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CAROLINA REAPER STATE UNIT A-1 is an estimate of value, not an offer and not an appraisal.
- How much income does CAROLINA REAPER STATE UNIT A-1 generate in a year?
- CAROLINA REAPER STATE UNIT A-1 is forecast to net about $996K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CAROLINA REAPER STATE UNIT A-1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Noble Energy Inc |
|---|---|
| Field | Hoefs T-K (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 51182 |
| Wellbores | 1 |
| Reported production | 646,894 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where CAROLINA REAPER STATE UNIT A-1 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.