HALFF 1E
HALFF 1E is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 476,152 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 $5.0M, with roughly $1.2M 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 1,354 barrels a month. Its strongest month on the record we hold was October 2018, at 27,040 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 HALFF 1E
- Who operates HALFF 1E?
- HALFF 1E is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is HALFF 1E?
- HALFF 1E is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20139.
- Is HALFF 1E still producing?
- HALFF 1E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HALFF 1E is August 2026.
- How much has HALFF 1E produced?
- HALFF 1E has reported 476,152 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 1 wellbore.
- How much is HALFF 1E worth?
- The remaining production from HALFF 1E is estimated to be worth about $5.0M in total as of 26 August 2026, within a range of $4.1M to $5.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HALFF 1E is a fraction of it. The estimate fits an Arps decline curve to the production HALFF 1E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HALFF 1E is an estimate of value, not an offer and not an appraisal.
- How much income does HALFF 1E generate in a year?
- HALFF 1E is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HALFF 1E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 20139 |
| Wellbores | 1 |
| Reported production | 476,152 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.0M |
Where HALFF 1E 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.