HOWARD 19
HOWARD 19 is a Texas oil lease in Dawson County, Railroad Commission district 8A, operated by Smith Energy Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2016 to August 2026, totalling 47,244 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 $736K, with roughly $141K 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 169 barrels a month. Its strongest month on the record we hold was July 2016, at 2,048 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 HOWARD 19
- Who operates HOWARD 19?
- HOWARD 19 is operated by Smith Energy Operating Company, Railroad Commission of Texas operator number 790956.
- Where is HOWARD 19?
- HOWARD 19 is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70475.
- Is HOWARD 19 still producing?
- HOWARD 19 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOWARD 19 is August 2026.
- How much has HOWARD 19 produced?
- HOWARD 19 has reported 47,244 barrels of oil (bbl) to the Railroad Commission of Texas between June 2016 and August 2026, from 1 wellbore.
- How much is HOWARD 19 worth?
- The remaining production from HOWARD 19 is estimated to be worth about $736K in total as of 27 August 2026, within a range of $574K to $898K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOWARD 19 is a fraction of it. The estimate fits an Arps decline curve to the production HOWARD 19 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOWARD 19 is an estimate of value, not an offer and not an appraisal.
- How much income does HOWARD 19 generate in a year?
- HOWARD 19 is forecast to net about $141K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOWARD 19 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Smith Energy Operating Company |
|---|---|
| Field | Cmi (Spraberry) |
| County | Dawson County, Texas |
| RRC district | 8A |
| Lease number | 70475 |
| Wellbores | 1 |
| Reported production | 47,244 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $736K |
Where HOWARD 19 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.