CONNELL "16"
CONNELL "16" is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Hyquest Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 1997 to August 2026, totalling 45,803 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 $504K, with roughly $97K 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 126 barrels a month. Its strongest month on the record we hold was July 2017, at 268 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 CONNELL "16"
- Who operates CONNELL "16"?
- CONNELL "16" is operated by Hyquest Energy, Inc., Railroad Commission of Texas operator number 421495.
- Where is CONNELL "16"?
- CONNELL "16" is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 35444.
- Is CONNELL "16" still producing?
- CONNELL "16" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONNELL "16" is August 2026.
- How much has CONNELL "16" produced?
- CONNELL "16" has reported 45,803 barrels of oil (bbl) to the Railroad Commission of Texas between August 1997 and August 2026, from 1 wellbore.
- How much is CONNELL "16" worth?
- The remaining production from CONNELL "16" is estimated to be worth about $504K in total as of 26 August 2026, within a range of $393K to $614K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONNELL "16" is a fraction of it. The estimate fits an Arps decline curve to the production CONNELL "16" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONNELL "16" is an estimate of value, not an offer and not an appraisal.
- How much income does CONNELL "16" generate in a year?
- CONNELL "16" is forecast to net about $97K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONNELL "16" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hyquest Energy, Inc. |
|---|---|
| Field | C-Bar, West (Glorieta) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 35444 |
| Wellbores | 1 |
| Reported production | 45,803 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $504K |
Where CONNELL "16" 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.