HERBERT P 102A
HERBERT P 102A is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Ovintiv USA Inc. It has 2 wellbores on file with the Commission. Reported production runs from March 2025 to August 2026, totalling 217,402 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 $259K, with roughly $263K 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 15,581 barrels a month, about 7,790 per wellbore. Its strongest month on the record we hold was May 2025, at 55,276 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 HERBERT P 102A
- Who operates HERBERT P 102A?
- HERBERT P 102A is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is HERBERT P 102A?
- HERBERT P 102A is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 23176.
- Is HERBERT P 102A still producing?
- HERBERT P 102A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HERBERT P 102A is August 2026.
- How much has HERBERT P 102A produced?
- HERBERT P 102A has reported 217,402 barrels of oil (bbl) to the Railroad Commission of Texas between March 2025 and August 2026, from 2 wellbores.
- How much is HERBERT P 102A worth?
- The remaining production from HERBERT P 102A is estimated to be worth about $259K in total as of 26 August 2026, within a range of $212K to $306K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HERBERT P 102A is a fraction of it. The estimate fits an Arps decline curve to the production HERBERT P 102A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HERBERT P 102A is an estimate of value, not an offer and not an appraisal.
- How much income does HERBERT P 102A generate in a year?
- HERBERT P 102A is forecast to net about $263K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HERBERT P 102A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ovintiv USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 23176 |
| Wellbores | 2 |
| Reported production | 217,402 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $259K |
Where HERBERT P 102A 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.