OKAPI STATE UNIT A35
OKAPI STATE UNIT A35 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 341,315 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 $1.9M, with roughly $467K 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 612 barrels a month. Its strongest month on the record we hold was May 2016, at 8,113 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 OKAPI STATE UNIT A35
- Who operates OKAPI STATE UNIT A35?
- OKAPI STATE UNIT A35 is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is OKAPI STATE UNIT A35?
- OKAPI STATE UNIT A35 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 46452.
- Is OKAPI STATE UNIT A35 still producing?
- OKAPI STATE UNIT A35 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OKAPI STATE UNIT A35 is August 2026.
- How much has OKAPI STATE UNIT A35 produced?
- OKAPI STATE UNIT A35 has reported 341,315 barrels of oil (bbl) to the Railroad Commission of Texas between February 2015 and August 2026, from 1 wellbore.
- How much is OKAPI STATE UNIT A35 worth?
- The remaining production from OKAPI STATE UNIT A35 is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.5M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OKAPI STATE UNIT A35 is a fraction of it. The estimate fits an Arps decline curve to the production OKAPI STATE UNIT A35 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OKAPI STATE UNIT A35 is an estimate of value, not an offer and not an appraisal.
- How much income does OKAPI STATE UNIT A35 generate in a year?
- OKAPI STATE UNIT A35 is forecast to net about $467K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OKAPI STATE UNIT A35 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 46452 |
| Wellbores | 1 |
| Reported production | 341,315 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where OKAPI STATE UNIT A35 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.