HARPOON
HARPOON is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Resolute Natural Res. Co., LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 2,816,063 thousand cubic feet. 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 $636K, with roughly $143K 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 2,287 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 56,495 thousand cubic feet. 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 HARPOON
- Who operates HARPOON?
- HARPOON is operated by Resolute Natural Res. Co., LLC, Railroad Commission of Texas operator number 703352.
- Where is HARPOON?
- HARPOON is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 285367.
- Is HARPOON still producing?
- HARPOON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARPOON is August 2026.
- How much has HARPOON produced?
- HARPOON has reported 2,816,063 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2015 and August 2026, from 1 wellbore.
- How much is HARPOON worth?
- The remaining production from HARPOON is estimated to be worth about $636K in total as of 27 August 2026, within a range of $528K to $744K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARPOON is a fraction of it. The estimate fits an Arps decline curve to the production HARPOON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARPOON is an estimate of value, not an offer and not an appraisal.
- How much income does HARPOON generate in a year?
- HARPOON is forecast to net about $143K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HARPOON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Resolute Natural Res. Co., LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 285367 |
| Wellbores | 1 |
| Reported production | 2,816,063 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $636K |
Where HARPOON 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.