BIGHORN 33E
BIGHORN 33E is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2021 to August 2026, totalling 266,231 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 $3.6M, with roughly $956K 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 1,413 barrels a month. Its strongest month on the record we hold was August 2021, at 32,630 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 BIGHORN 33E
- Who operates BIGHORN 33E?
- BIGHORN 33E is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is BIGHORN 33E?
- BIGHORN 33E is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56297.
- Is BIGHORN 33E still producing?
- BIGHORN 33E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BIGHORN 33E is August 2026.
- How much has BIGHORN 33E produced?
- BIGHORN 33E has reported 266,231 barrels of oil (bbl) to the Railroad Commission of Texas between July 2021 and August 2026, from 1 wellbore.
- How much is BIGHORN 33E worth?
- The remaining production from BIGHORN 33E is estimated to be worth about $3.6M in total as of 27 August 2026, within a range of $3.0M to $4.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BIGHORN 33E is a fraction of it. The estimate fits an Arps decline curve to the production BIGHORN 33E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BIGHORN 33E is an estimate of value, not an offer and not an appraisal.
- How much income does BIGHORN 33E generate in a year?
- BIGHORN 33E is forecast to net about $956K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BIGHORN 33E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ovintiv USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 56297 |
| Wellbores | 1 |
| Reported production | 266,231 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.6M |
Where BIGHORN 33E 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.