HARPER, R. E.
HARPER, R. E. is a Texas gas lease in Smith County, Railroad Commission district 06, operated by Kepa Energy, L.C. It has 1 wellbore on file with the Commission. Reported production runs from September 1997 to August 2026, totalling 371,494 thousand cubic feet. 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 $25K, with roughly $3K 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 168 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 723 thousand cubic feet. 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 HARPER, R. E.
- Who operates HARPER, R. E.?
- HARPER, R. E. is operated by Kepa Energy, L.C., Railroad Commission of Texas operator number 457451.
- Where is HARPER, R. E.?
- HARPER, R. E. is a Texas gas lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 167532.
- Is HARPER, R. E. still producing?
- HARPER, R. E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARPER, R. E. is August 2026.
- How much has HARPER, R. E. produced?
- HARPER, R. E. has reported 371,494 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 1997 and August 2026, from 1 wellbore.
- How much is HARPER, R. E. worth?
- The remaining production from HARPER, R. E. is estimated to be worth about $25K in total as of 27 August 2026, within a range of $20K to $31K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARPER, R. E. is a fraction of it. The estimate fits an Arps decline curve to the production HARPER, R. E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARPER, R. E. is an estimate of value, not an offer and not an appraisal.
- How much income does HARPER, R. E. generate in a year?
- HARPER, R. E. is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HARPER, R. E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kepa Energy, L.C. |
|---|---|
| Field | Overton (Cotton Valley Sand) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 167532 |
| Wellbores | 1 |
| Reported production | 371,494 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $25K |
Where HARPER, R. 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.