LATZEL 3946 E
LATZEL 3946 E is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from July 2018 to August 2026, totalling 392,090 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 $4.3M, with roughly $969K 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 886 barrels a month. Its strongest month on the record we hold was July 2018, at 34,585 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 LATZEL 3946 E
- Who operates LATZEL 3946 E?
- LATZEL 3946 E is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is LATZEL 3946 E?
- LATZEL 3946 E is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19971.
- Is LATZEL 3946 E still producing?
- LATZEL 3946 E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LATZEL 3946 E is August 2026.
- How much has LATZEL 3946 E produced?
- LATZEL 3946 E has reported 392,090 barrels of oil (bbl) to the Railroad Commission of Texas between July 2018 and August 2026, from 1 wellbore.
- How much is LATZEL 3946 E worth?
- The remaining production from LATZEL 3946 E is estimated to be worth about $4.3M in total as of 26 August 2026, within a range of $3.3M to $5.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LATZEL 3946 E is a fraction of it. The estimate fits an Arps decline curve to the production LATZEL 3946 E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LATZEL 3946 E is an estimate of value, not an offer and not an appraisal.
- How much income does LATZEL 3946 E generate in a year?
- LATZEL 3946 E is forecast to net about $969K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LATZEL 3946 E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 19971 |
| Wellbores | 1 |
| Reported production | 392,090 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.3M |
Where LATZEL 3946 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.