CONNELL 38B
CONNELL 38B is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from June 2016 to August 2026, totalling 354,136 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $91K, with roughly $19K expected over the next twelve months.
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 19296 |
| Wellbores | 1 |
| Reported production | 354,136 bbl |
| First reported | June 2016 |
| Last reported | August 2026 |
| Estimated royalty value | $91K |
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.