GIRAFFE UNIT 18C33
GIRAFFE UNIT 18C33 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Pri Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2021 to August 2026, totalling 267,042 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 $3.0M, with roughly $1.3M 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 2,247 barrels a month. Its strongest month on the record we hold was January 2022, at 14,266 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 GIRAFFE UNIT 18C33
- Who operates GIRAFFE UNIT 18C33?
- GIRAFFE UNIT 18C33 is operated by Pri Operating, LLC, Railroad Commission of Texas operator number 676550.
- Where is GIRAFFE UNIT 18C33?
- GIRAFFE UNIT 18C33 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56822.
- Is GIRAFFE UNIT 18C33 still producing?
- GIRAFFE UNIT 18C33 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GIRAFFE UNIT 18C33 is August 2026.
- How much has GIRAFFE UNIT 18C33 produced?
- GIRAFFE UNIT 18C33 has reported 267,042 barrels of oil (bbl) to the Railroad Commission of Texas between December 2021 and August 2026, from 1 wellbore.
- How much is GIRAFFE UNIT 18C33 worth?
- The remaining production from GIRAFFE UNIT 18C33 is estimated to be worth about $3.0M in total as of 27 August 2026, within a range of $2.5M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GIRAFFE UNIT 18C33 is a fraction of it. The estimate fits an Arps decline curve to the production GIRAFFE UNIT 18C33 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GIRAFFE UNIT 18C33 is an estimate of value, not an offer and not an appraisal.
- How much income does GIRAFFE UNIT 18C33 generate in a year?
- GIRAFFE UNIT 18C33 is forecast to net about $1.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GIRAFFE UNIT 18C33 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pri Operating, LLC |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 56822 |
| Wellbores | 1 |
| Reported production | 267,042 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where GIRAFFE UNIT 18C33 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.