CONNELL ESTATE
CONNELL ESTATE is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Momentum Energy Corporation. It has 5 wellbores on file with the Commission. Reported production runs from October 2008 to August 2026, totalling 207,678 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 $1.5M, with roughly $339K 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 462 barrels a month, about 92 per wellbore. Its strongest month on the record we hold was August 2016, at 1,151 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 ESTATE
- Who operates CONNELL ESTATE?
- CONNELL ESTATE is operated by Momentum Energy Corporation, Railroad Commission of Texas operator number 574315.
- Where is CONNELL ESTATE?
- CONNELL ESTATE is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39166.
- Is CONNELL ESTATE still producing?
- CONNELL ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONNELL ESTATE is August 2026.
- How much has CONNELL ESTATE produced?
- CONNELL ESTATE has reported 207,678 barrels of oil (bbl) to the Railroad Commission of Texas between October 2008 and August 2026, from 5 wellbores.
- How much is CONNELL ESTATE worth?
- The remaining production from CONNELL ESTATE is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONNELL ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production CONNELL ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONNELL ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does CONNELL ESTATE generate in a year?
- CONNELL ESTATE is forecast to net about $339K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONNELL ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Momentum Energy Corporation |
|---|---|
| Field | C-Bar (San Andres) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 39166 |
| Wellbores | 5 |
| Reported production | 207,678 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where CONNELL ESTATE 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.