STRICKLAND 18C
STRICKLAND 18C 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 274,369 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 $144K, with roughly $27K 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 175 barrels a month. Its strongest month on the record we hold was May 2016, at 6,421 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 18C
- Who operates STRICKLAND 18C?
- STRICKLAND 18C is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is STRICKLAND 18C?
- STRICKLAND 18C is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47479.
- Is STRICKLAND 18C still producing?
- STRICKLAND 18C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STRICKLAND 18C is August 2026.
- How much has STRICKLAND 18C produced?
- STRICKLAND 18C has reported 274,369 barrels of oil (bbl) to the Railroad Commission of Texas between May 2015 and August 2026, from 1 wellbore.
- How much is STRICKLAND 18C worth?
- The remaining production from STRICKLAND 18C is estimated to be worth about $144K in total as of 26 August 2026, within a range of $113K to $176K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STRICKLAND 18C is a fraction of it. The estimate fits an Arps decline curve to the production STRICKLAND 18C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STRICKLAND 18C is an estimate of value, not an offer and not an appraisal.
- How much income does STRICKLAND 18C generate in a year?
- STRICKLAND 18C is forecast to net about $27K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STRICKLAND 18C 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 | 47479 |
| Wellbores | 1 |
| Reported production | 274,369 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $144K |
Where STRICKLAND 18C 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.