CONDON
CONDON is a Texas oil lease in Wilbarger County, Railroad Commission district 09, operated by Slant Operating, LLC. It has 7 wellbores on file with the Commission. Reported production runs from April 2018 to August 2026, totalling 302,414 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 $5.1M, 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 2,663 barrels a month, about 380 per wellbore. Its strongest month on the record we hold was October 2023, at 7,180 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 CONDON
- Who operates CONDON?
- CONDON is operated by Slant Operating, LLC, Railroad Commission of Texas operator number 786697.
- Where is CONDON?
- CONDON is a Texas oil lease in Wilbarger County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33804.
- Is CONDON still producing?
- CONDON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONDON is August 2026.
- How much has CONDON produced?
- CONDON has reported 302,414 barrels of oil (bbl) to the Railroad Commission of Texas between April 2018 and August 2026, from 7 wellbores.
- How much is CONDON worth?
- The remaining production from CONDON is estimated to be worth about $5.1M in total as of 26 August 2026, within a range of $4.3M to $6.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONDON is a fraction of it. The estimate fits an Arps decline curve to the production CONDON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONDON is an estimate of value, not an offer and not an appraisal.
- How much income does CONDON generate in a year?
- CONDON 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 CONDON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Slant Operating, LLC |
|---|---|
| Field | Odell (Canyon SD. 4300) |
| County | Wilbarger County, Texas |
| RRC district | 09 |
| Lease number | 33804 |
| Wellbores | 7 |
| Reported production | 302,414 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.1M |
Where CONDON 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.