SOAPY SMITH 36-20 UNIT E
SOAPY SMITH 36-20 UNIT E is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Noble Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 475,459 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 $926K, with roughly $175K 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 488 barrels a month. Its strongest month on the record we hold was May 2019, at 32,477 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 SOAPY SMITH 36-20 UNIT E
- Who operates SOAPY SMITH 36-20 UNIT E?
- SOAPY SMITH 36-20 UNIT E is operated by Noble Energy Inc, Railroad Commission of Texas operator number 611665.
- Where is SOAPY SMITH 36-20 UNIT E?
- SOAPY SMITH 36-20 UNIT E is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51236.
- Is SOAPY SMITH 36-20 UNIT E still producing?
- SOAPY SMITH 36-20 UNIT E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOAPY SMITH 36-20 UNIT E is August 2026.
- How much has SOAPY SMITH 36-20 UNIT E produced?
- SOAPY SMITH 36-20 UNIT E has reported 475,459 barrels of oil (bbl) to the Railroad Commission of Texas between March 2018 and August 2026, from 1 wellbore.
- How much is SOAPY SMITH 36-20 UNIT E worth?
- The remaining production from SOAPY SMITH 36-20 UNIT E is estimated to be worth about $926K in total as of 27 August 2026, within a range of $722K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOAPY SMITH 36-20 UNIT E is a fraction of it. The estimate fits an Arps decline curve to the production SOAPY SMITH 36-20 UNIT E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOAPY SMITH 36-20 UNIT E is an estimate of value, not an offer and not an appraisal.
- How much income does SOAPY SMITH 36-20 UNIT E generate in a year?
- SOAPY SMITH 36-20 UNIT E is forecast to net about $175K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SOAPY SMITH 36-20 UNIT E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Noble Energy Inc |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 51236 |
| Wellbores | 1 |
| Reported production | 475,459 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $926K |
Where SOAPY SMITH 36-20 UNIT E 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.