WARHEAD 0405 E
WARHEAD 0405 E is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Apache Corporation. It has 2 wellbores on file with the Commission. Reported production runs from April 2020 to August 2026, totalling 441,606 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 $2.4M, with roughly $738K 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 1,134 barrels a month, about 567 per wellbore. Its strongest month on the record we hold was May 2020, at 35,067 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 WARHEAD 0405 E
- Who operates WARHEAD 0405 E?
- WARHEAD 0405 E is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is WARHEAD 0405 E?
- WARHEAD 0405 E is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21132.
- Is WARHEAD 0405 E still producing?
- WARHEAD 0405 E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WARHEAD 0405 E is August 2026.
- How much has WARHEAD 0405 E produced?
- WARHEAD 0405 E has reported 441,606 barrels of oil (bbl) to the Railroad Commission of Texas between April 2020 and August 2026, from 2 wellbores.
- How much is WARHEAD 0405 E worth?
- The remaining production from WARHEAD 0405 E is estimated to be worth about $2.4M in total as of 26 August 2026, within a range of $2.0M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WARHEAD 0405 E is a fraction of it. The estimate fits an Arps decline curve to the production WARHEAD 0405 E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WARHEAD 0405 E is an estimate of value, not an offer and not an appraisal.
- How much income does WARHEAD 0405 E generate in a year?
- WARHEAD 0405 E is forecast to net about $738K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WARHEAD 0405 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) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 21132 |
| Wellbores | 2 |
| Reported production | 441,606 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where WARHEAD 0405 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.