REV DRAGONS BREATH T8-51-22
REV DRAGONS BREATH T8-51-22 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Noble Energy Inc. It has 5 wellbores on file with the Commission. Reported production runs from December 2024 to August 2026, totalling 1,710,299 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 $60.6M, with roughly $44.1M 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 136,695 barrels a month, about 27,339 per wellbore. Its strongest month on the record we hold was June 2025, at 197,086 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 REV DRAGONS BREATH T8-51-22
- Who operates REV DRAGONS BREATH T8-51-22?
- REV DRAGONS BREATH T8-51-22 is operated by Noble Energy Inc, Railroad Commission of Texas operator number 611665.
- Where is REV DRAGONS BREATH T8-51-22?
- REV DRAGONS BREATH T8-51-22 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62996.
- Is REV DRAGONS BREATH T8-51-22 still producing?
- REV DRAGONS BREATH T8-51-22 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REV DRAGONS BREATH T8-51-22 is August 2026.
- How much has REV DRAGONS BREATH T8-51-22 produced?
- REV DRAGONS BREATH T8-51-22 has reported 1,710,299 barrels of oil (bbl) to the Railroad Commission of Texas between December 2024 and August 2026, from 5 wellbores.
- How much is REV DRAGONS BREATH T8-51-22 worth?
- The remaining production from REV DRAGONS BREATH T8-51-22 is estimated to be worth about $60.6M in total as of 27 August 2026, within a range of $49.7M to $71.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REV DRAGONS BREATH T8-51-22 is a fraction of it. The estimate fits an Arps decline curve to the production REV DRAGONS BREATH T8-51-22 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REV DRAGONS BREATH T8-51-22 is an estimate of value, not an offer and not an appraisal.
- How much income does REV DRAGONS BREATH T8-51-22 generate in a year?
- REV DRAGONS BREATH T8-51-22 is forecast to net about $44.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REV DRAGONS BREATH T8-51-22 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Noble Energy Inc |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 62996 |
| Wellbores | 5 |
| Reported production | 1,710,299 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $60.6M |
Where REV DRAGONS BREATH T8-51-22 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.