CONLEY, O.
CONLEY, O. is a Texas oil lease in Caldwell County, Railroad Commission district 01, operated by Coalinga Corporation. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 75,420 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 $456K, with roughly $83K 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 111 barrels a month, about 18 per wellbore. Its strongest month on the record we hold was August 2019, at 256 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CONLEY, O.
- Who operates CONLEY, O.?
- CONLEY, O. is operated by Coalinga Corporation, Railroad Commission of Texas operator number 161453.
- Where is CONLEY, O.?
- CONLEY, O. is a Texas oil lease in Caldwell County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 01510.
- Is CONLEY, O. still producing?
- CONLEY, O. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONLEY, O. is August 2026.
- How much has CONLEY, O. produced?
- CONLEY, O. has reported 75,420 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is CONLEY, O. worth?
- The remaining production from CONLEY, O. is estimated to be worth about $456K in total as of 26 August 2026, within a range of $356K to $556K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONLEY, O. is a fraction of it. The estimate fits an Arps decline curve to the production CONLEY, O. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONLEY, O. is an estimate of value, not an offer and not an appraisal.
- How much income does CONLEY, O. generate in a year?
- CONLEY, O. is forecast to net about $83K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONLEY, O. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Coalinga Corporation |
|---|---|
| Field | Salt Flat |
| County | Caldwell County, Texas |
| RRC district | 01 |
| Lease number | 01510 |
| Wellbores | 6 |
| Reported production | 75,420 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $456K |
Where CONLEY, O. 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.