JUNIPER STATE UNIT 2-3
JUNIPER STATE UNIT 2-3 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 2 wellbores on file with the Commission. Reported production runs from December 2018 to August 2026, totalling 964,693 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 $1.2M, with roughly $755K 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 1,561 barrels a month, about 780 per wellbore. Its strongest month on the record we hold was August 2019, at 33,808 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 JUNIPER STATE UNIT 2-3
- Who operates JUNIPER STATE UNIT 2-3?
- JUNIPER STATE UNIT 2-3 is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is JUNIPER STATE UNIT 2-3?
- JUNIPER STATE UNIT 2-3 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51708.
- Is JUNIPER STATE UNIT 2-3 still producing?
- JUNIPER STATE UNIT 2-3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JUNIPER STATE UNIT 2-3 is August 2026.
- How much has JUNIPER STATE UNIT 2-3 produced?
- JUNIPER STATE UNIT 2-3 has reported 964,693 barrels of oil (bbl) to the Railroad Commission of Texas between December 2018 and August 2026, from 2 wellbores.
- How much is JUNIPER STATE UNIT 2-3 worth?
- The remaining production from JUNIPER STATE UNIT 2-3 is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $987K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JUNIPER STATE UNIT 2-3 is a fraction of it. The estimate fits an Arps decline curve to the production JUNIPER STATE UNIT 2-3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JUNIPER STATE UNIT 2-3 is an estimate of value, not an offer and not an appraisal.
- How much income does JUNIPER STATE UNIT 2-3 generate in a year?
- JUNIPER STATE UNIT 2-3 is forecast to net about $755K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JUNIPER STATE UNIT 2-3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Onshore LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 51708 |
| Wellbores | 2 |
| Reported production | 964,693 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where JUNIPER STATE UNIT 2-3 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.