CAPRITO 83
CAPRITO 83 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Abraxas Petroleum Corporation. It has 2 wellbores on file with the Commission. Reported production runs from October 2017 to August 2026, totalling 479,172 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 $653K, with roughly $405K 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 1,072 barrels a month, about 536 per wellbore. Its strongest month on the record we hold was January 2018, at 40,779 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 CAPRITO 83
- Who operates CAPRITO 83?
- CAPRITO 83 is operated by Abraxas Petroleum Corporation, Railroad Commission of Texas operator number 003125.
- Where is CAPRITO 83?
- CAPRITO 83 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49754.
- Is CAPRITO 83 still producing?
- CAPRITO 83 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CAPRITO 83 is August 2026.
- How much has CAPRITO 83 produced?
- CAPRITO 83 has reported 479,172 barrels of oil (bbl) to the Railroad Commission of Texas between October 2017 and August 2026, from 2 wellbores.
- How much is CAPRITO 83 worth?
- The remaining production from CAPRITO 83 is estimated to be worth about $653K in total as of 26 August 2026, within a range of $542K to $764K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CAPRITO 83 is a fraction of it. The estimate fits an Arps decline curve to the production CAPRITO 83 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CAPRITO 83 is an estimate of value, not an offer and not an appraisal.
- How much income does CAPRITO 83 generate in a year?
- CAPRITO 83 is forecast to net about $405K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CAPRITO 83 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Abraxas Petroleum Corporation |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 49754 |
| Wellbores | 2 |
| Reported production | 479,172 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $653K |
Where CAPRITO 83 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.