CARROLL NORTH 17G
CARROLL NORTH 17G is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 2 wellbores on file with the Commission. Reported production runs from May 2021 to August 2026, totalling 491,069 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 $6.0M, with roughly $1.6M 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 2,741 barrels a month, about 1,371 per wellbore. Its strongest month on the record we hold was June 2021, at 29,479 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 CARROLL NORTH 17G
- Who operates CARROLL NORTH 17G?
- CARROLL NORTH 17G is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is CARROLL NORTH 17G?
- CARROLL NORTH 17G is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56579.
- Is CARROLL NORTH 17G still producing?
- CARROLL NORTH 17G is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARROLL NORTH 17G is August 2026.
- How much has CARROLL NORTH 17G produced?
- CARROLL NORTH 17G has reported 491,069 barrels of oil (bbl) to the Railroad Commission of Texas between May 2021 and August 2026, from 2 wellbores.
- How much is CARROLL NORTH 17G worth?
- The remaining production from CARROLL NORTH 17G is estimated to be worth about $6.0M in total as of 26 August 2026, within a range of $5.0M to $7.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARROLL NORTH 17G is a fraction of it. The estimate fits an Arps decline curve to the production CARROLL NORTH 17G has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARROLL NORTH 17G is an estimate of value, not an offer and not an appraisal.
- How much income does CARROLL NORTH 17G generate in a year?
- CARROLL NORTH 17G is forecast to net about $1.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARROLL NORTH 17G 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 | 56579 |
| Wellbores | 2 |
| Reported production | 491,069 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.0M |
Where CARROLL NORTH 17G 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.