CLASSIC UNIT
CLASSIC UNIT is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Callon Petroleum Operating Co. It has 5 wellbores on file with the Commission. Reported production runs from February 2019 to August 2026, totalling 1,517,424 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 $230K, with roughly $68K expected over the next twelve months.
| Operator | Callon Petroleum Operating Co |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 52373 |
| Wellbores | 5 |
| Reported production | 1,517,424 bbl |
| First reported | February 2019 |
| Last reported | August 2026 |
| Estimated royalty value | $230K |
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.