STRICKLAND 18D
STRICKLAND 18D is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Encana Oil & Gas(USA) Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2015 to August 2026, totalling 218,882 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 $33K, with roughly $32K 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 328 barrels a month. Its strongest month on the record we hold was August 2016, at 3,085 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 STRICKLAND 18D
- Who operates STRICKLAND 18D?
- STRICKLAND 18D is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is STRICKLAND 18D?
- STRICKLAND 18D is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47112.
- Is STRICKLAND 18D still producing?
- STRICKLAND 18D is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STRICKLAND 18D is August 2026.
- How much has STRICKLAND 18D produced?
- STRICKLAND 18D has reported 218,882 barrels of oil (bbl) to the Railroad Commission of Texas between May 2015 and August 2026, from 1 wellbore.
- How much is STRICKLAND 18D worth?
- The remaining production from STRICKLAND 18D is estimated to be worth about $33K in total as of 26 August 2026, within a range of $26K to $41K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STRICKLAND 18D is a fraction of it. The estimate fits an Arps decline curve to the production STRICKLAND 18D has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STRICKLAND 18D is an estimate of value, not an offer and not an appraisal.
- How much income does STRICKLAND 18D generate in a year?
- STRICKLAND 18D is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STRICKLAND 18D receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 47112 |
| Wellbores | 1 |
| Reported production | 218,882 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $33K |
Where STRICKLAND 18D 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.