CONNELL

CONNELL is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Breck Operating Corp. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 32,802 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 $205K, with roughly $39K 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 51 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was June 2021, at 158 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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

Who operates CONNELL?
CONNELL is operated by Breck Operating Corp., Railroad Commission of Texas operator number 089974.
Where is CONNELL?
CONNELL is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 21528.
Is CONNELL still producing?
CONNELL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONNELL is August 2026.
How much has CONNELL produced?
CONNELL has reported 32,802 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
How much is CONNELL worth?
The remaining production from CONNELL is estimated to be worth about $205K in total as of 26 August 2026, within a range of $113K to $297K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONNELL is a fraction of it. The estimate fits an Arps decline curve to the production CONNELL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONNELL is an estimate of value, not an offer and not an appraisal.
How much income does CONNELL generate in a year?
CONNELL is forecast to net about $39K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONNELL receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CONNELL as filed with the Railroad Commission of Texas
OperatorBreck Operating Corp.
FieldC-Bar (San Andres)
CountyCrane County, Texas
RRC district08
Lease number21528
Wellbores6
Reported production32,802 bbl
First reported
Last reported
Estimated royalty value$205K

Where CONNELL 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.