HOWARD "B"

HOWARD "B" is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Dorland, D. L. Inc. It has 12 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 185,437 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 $799K, with roughly $154K 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 173 barrels a month, about 14 per wellbore. Its strongest month on the record we hold was May 2022, at 273 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 HOWARD "B"

Who operates HOWARD "B"?
HOWARD "B" is operated by Dorland, D. L. Inc., Railroad Commission of Texas operator number 224192.
Where is HOWARD "B"?
HOWARD "B" is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 29634.
Is HOWARD "B" still producing?
HOWARD "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOWARD "B" is August 2026.
How much has HOWARD "B" produced?
HOWARD "B" has reported 185,437 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 12 wellbores.
How much is HOWARD "B" worth?
The remaining production from HOWARD "B" is estimated to be worth about $799K in total as of 26 August 2026, within a range of $623K to $975K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOWARD "B" is a fraction of it. The estimate fits an Arps decline curve to the production HOWARD "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOWARD "B" is an estimate of value, not an offer and not an appraisal.
How much income does HOWARD "B" generate in a year?
HOWARD "B" is forecast to net about $154K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOWARD "B" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HOWARD "B" as filed with the Railroad Commission of Texas
OperatorDorland, D. L. Inc.
FieldSnyder
CountyHoward County, Texas
RRC district08
Lease number29634
Wellbores12
Reported production185,437 bbl
First reported
Last reported
Estimated royalty value$799K

Where HOWARD "B" 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.