PHIL
PHIL is a Texas oil lease in Crosby County, Railroad Commission district 8A, operated by Caprock, Inc. It has 78 wellbores on file with the Commission. Reported production runs from April 1999 to August 2026, totalling 1,487,864 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 $9.0M, with roughly $2.3M 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 3,435 barrels a month, about 44 per wellbore. Its strongest month on the record we hold was December 2016, at 17,226 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 PHIL
- Who operates PHIL?
- PHIL is operated by Caprock, Inc., Railroad Commission of Texas operator number 130472.
- Where is PHIL?
- PHIL is a Texas oil lease in Crosby County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68090.
- Is PHIL still producing?
- PHIL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHIL is August 2026.
- How much has PHIL produced?
- PHIL has reported 1,487,864 barrels of oil (bbl) to the Railroad Commission of Texas between April 1999 and August 2026, from 78 wellbores.
- How much is PHIL worth?
- The remaining production from PHIL is estimated to be worth about $9.0M in total as of 26 August 2026, within a range of $7.5M to $10.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHIL is a fraction of it. The estimate fits an Arps decline curve to the production PHIL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHIL is an estimate of value, not an offer and not an appraisal.
- How much income does PHIL generate in a year?
- PHIL is forecast to net about $2.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PHIL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Caprock, Inc. |
|---|---|
| Field | Hoople (Clear Fork) |
| County | Crosby County, Texas |
| RRC district | 8A |
| Lease number | 68090 |
| Wellbores | 78 |
| Reported production | 1,487,864 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.0M |
Where PHIL 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.