THARP
THARP is a Texas oil lease in Wilbarger County, Railroad Commission district 09, operated by Johnson & Ernst Operating Co. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 91,651 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 $120K, with roughly $23K 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 29 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was October 2017, at 212 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 THARP
- Who operates THARP?
- THARP is operated by Johnson & Ernst Operating Co., Railroad Commission of Texas operator number 436155.
- Where is THARP?
- THARP is a Texas oil lease in Wilbarger County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 06729.
- Is THARP still producing?
- THARP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THARP is August 2026.
- How much has THARP produced?
- THARP has reported 91,651 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is THARP worth?
- The remaining production from THARP is estimated to be worth about $120K in total as of 26 August 2026, within a range of $66K to $174K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THARP is a fraction of it. The estimate fits an Arps decline curve to the production THARP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THARP is an estimate of value, not an offer and not an appraisal.
- How much income does THARP generate in a year?
- THARP is forecast to net about $23K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THARP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Johnson & Ernst Operating Co. |
|---|---|
| Field | Baker Prop.-Cambron (Dyson SD) |
| County | Wilbarger County, Texas |
| RRC district | 09 |
| Lease number | 06729 |
| Wellbores | 5 |
| Reported production | 91,651 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $120K |
Where THARP 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.