PHILLIPS-CUSTERS
PHILLIPS-CUSTERS is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Cholla Petroleum, Inc. It has 4 wellbores on file with the Commission. Reported production runs from November 1997 to August 2026, totalling 262,471 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 $17K, with roughly $3K expected over the next twelve months.
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Bowers (Granite Wash) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 29436 |
| Wellbores | 4 |
| Reported production | 262,471 bbl |
| First reported | November 1997 |
| Last reported | August 2026 |
| Estimated royalty value | $17K |
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.