INTREPID 55-12
INTREPID 55-12 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Energen Resources Corporation. It has 3 wellbores on file with the Commission. Reported production runs from August 2014 to August 2026, totalling 1,291,561 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 $10.9M, with roughly $2.3M 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 2,890 barrels a month, about 963 per wellbore. Its strongest month on the record we hold was April 2018, at 72,026 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 INTREPID 55-12
- Who operates INTREPID 55-12?
- INTREPID 55-12 is operated by Energen Resources Corporation, Railroad Commission of Texas operator number 252002.
- Where is INTREPID 55-12?
- INTREPID 55-12 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46000.
- Is INTREPID 55-12 still producing?
- INTREPID 55-12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for INTREPID 55-12 is August 2026.
- How much has INTREPID 55-12 produced?
- INTREPID 55-12 has reported 1,291,561 barrels of oil (bbl) to the Railroad Commission of Texas between August 2014 and August 2026, from 3 wellbores.
- How much is INTREPID 55-12 worth?
- The remaining production from INTREPID 55-12 is estimated to be worth about $10.9M in total as of 27 August 2026, within a range of $9.0M to $12.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in INTREPID 55-12 is a fraction of it. The estimate fits an Arps decline curve to the production INTREPID 55-12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for INTREPID 55-12 is an estimate of value, not an offer and not an appraisal.
- How much income does INTREPID 55-12 generate in a year?
- INTREPID 55-12 is forecast to net about $2.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in INTREPID 55-12 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energen Resources Corporation |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 46000 |
| Wellbores | 3 |
| Reported production | 1,291,561 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.9M |
Where INTREPID 55-12 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.