LEOPARD UNIT 5A
LEOPARD UNIT 5A 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 2017 to August 2026, totalling 600,358 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 $10.4M, 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 3,183 barrels a month. Its strongest month on the record we hold was March 2018, at 26,810 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 LEOPARD UNIT 5A
- Who operates LEOPARD UNIT 5A?
- LEOPARD UNIT 5A is operated by Pri Operating, LLC, Railroad Commission of Texas operator number 676550.
- Where is LEOPARD UNIT 5A?
- LEOPARD UNIT 5A is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49809.
- Is LEOPARD UNIT 5A still producing?
- LEOPARD UNIT 5A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEOPARD UNIT 5A is August 2026.
- How much has LEOPARD UNIT 5A produced?
- LEOPARD UNIT 5A has reported 600,358 barrels of oil (bbl) to the Railroad Commission of Texas between December 2017 and August 2026, from 1 wellbore.
- How much is LEOPARD UNIT 5A worth?
- The remaining production from LEOPARD UNIT 5A is estimated to be worth about $10.4M in total as of 27 August 2026, within a range of $8.6M to $12.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEOPARD UNIT 5A is a fraction of it. The estimate fits an Arps decline curve to the production LEOPARD UNIT 5A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEOPARD UNIT 5A is an estimate of value, not an offer and not an appraisal.
- How much income does LEOPARD UNIT 5A generate in a year?
- LEOPARD UNIT 5A 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 LEOPARD UNIT 5A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pri Operating, LLC |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 49809 |
| Wellbores | 1 |
| Reported production | 600,358 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.4M |
Where LEOPARD UNIT 5A 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.