HAL LOPENO
HAL LOPENO is a Texas oil lease in Zapata County, Railroad Commission district 04, operated by Bluestone Natural Res. II, LLC. It has 3 wellbores on file with the Commission. Reported production runs from January 2018 to August 2026, totalling 27,058 barrels. The lease is intermittent. 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 $430K, with roughly $227K 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 219 barrels a month, about 73 per wellbore. Its strongest month on the record we hold was August 2018, at 1,378 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 HAL LOPENO
- Who operates HAL LOPENO?
- HAL LOPENO is operated by Bluestone Natural Res. II, LLC, Railroad Commission of Texas operator number 076861.
- Where is HAL LOPENO?
- HAL LOPENO is a Texas oil lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 14070.
- Is HAL LOPENO still producing?
- HAL LOPENO is intermittent. The most recent month of production reported to the Railroad Commission of Texas for HAL LOPENO is August 2026.
- How much has HAL LOPENO produced?
- HAL LOPENO has reported 27,058 barrels of oil (bbl) to the Railroad Commission of Texas between January 2018 and August 2026, from 3 wellbores.
- How much is HAL LOPENO worth?
- The remaining production from HAL LOPENO is estimated to be worth about $430K in total as of 26 August 2026, within a range of $336K to $525K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAL LOPENO is a fraction of it. The estimate fits an Arps decline curve to the production HAL LOPENO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAL LOPENO is an estimate of value, not an offer and not an appraisal.
- How much income does HAL LOPENO generate in a year?
- HAL LOPENO is forecast to net about $227K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HAL LOPENO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bluestone Natural Res. II, LLC |
|---|---|
| Field | Lopeno ( Queen City Oil) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 14070 |
| Wellbores | 3 |
| Reported production | 27,058 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $430K |
Where HAL LOPENO 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.