DRAGO E1
DRAGO E1 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by TRP Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2022 to August 2026, totalling 253,919 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 $6.4M, with roughly $1.8M 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 2,957 barrels a month. Its strongest month on the record we hold was September 2023, at 23,602 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 DRAGO E1
- Who operates DRAGO E1?
- DRAGO E1 is operated by TRP Operating LLC, Railroad Commission of Texas operator number 872117.
- Where is DRAGO E1?
- DRAGO E1 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22132.
- Is DRAGO E1 still producing?
- DRAGO E1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DRAGO E1 is August 2026.
- How much has DRAGO E1 produced?
- DRAGO E1 has reported 253,919 barrels of oil (bbl) to the Railroad Commission of Texas between October 2022 and August 2026, from 1 wellbore.
- How much is DRAGO E1 worth?
- The remaining production from DRAGO E1 is estimated to be worth about $6.4M in total as of 26 August 2026, within a range of $5.3M to $7.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DRAGO E1 is a fraction of it. The estimate fits an Arps decline curve to the production DRAGO E1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DRAGO E1 is an estimate of value, not an offer and not an appraisal.
- How much income does DRAGO E1 generate in a year?
- DRAGO E1 is forecast to net about $1.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DRAGO E1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | TRP Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 22132 |
| Wellbores | 1 |
| Reported production | 253,919 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.4M |
Where DRAGO E1 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.