CAPRITO 99
CAPRITO 99 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Abraxas Petroleum Corporation. It has 5 wellbores on file with the Commission. Reported production runs from November 2016 to August 2026, totalling 1,247,008 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 $12.0M, with roughly $3.4M 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 4,300 barrels a month, about 860 per wellbore. Its strongest month on the record we hold was August 2018, at 70,949 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 99
- Who operates CAPRITO 99?
- CAPRITO 99 is operated by Abraxas Petroleum Corporation, Railroad Commission of Texas operator number 003125.
- Where is CAPRITO 99?
- CAPRITO 99 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48488.
- Is CAPRITO 99 still producing?
- CAPRITO 99 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CAPRITO 99 is August 2026.
- How much has CAPRITO 99 produced?
- CAPRITO 99 has reported 1,247,008 barrels of oil (bbl) to the Railroad Commission of Texas between November 2016 and August 2026, from 5 wellbores.
- How much is CAPRITO 99 worth?
- The remaining production from CAPRITO 99 is estimated to be worth about $12.0M in total as of 26 August 2026, within a range of $9.9M to $14.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CAPRITO 99 is a fraction of it. The estimate fits an Arps decline curve to the production CAPRITO 99 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CAPRITO 99 is an estimate of value, not an offer and not an appraisal.
- How much income does CAPRITO 99 generate in a year?
- CAPRITO 99 is forecast to net about $3.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CAPRITO 99 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 | 48488 |
| Wellbores | 5 |
| Reported production | 1,247,008 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.0M |
Where CAPRITO 99 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.