CONNELL ESTATE -C-
CONNELL ESTATE -C- is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Rim Operating, Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 255,223 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 $967K, with roughly $219K 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 327 barrels a month, about 82 per wellbore. Its strongest month on the record we hold was January 2018, at 704 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 -C-
- Who operates CONNELL ESTATE -C-?
- CONNELL ESTATE -C- is operated by Rim Operating, Inc., Railroad Commission of Texas operator number 712245.
- Where is CONNELL ESTATE -C-?
- CONNELL ESTATE -C- is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 17965.
- Is CONNELL ESTATE -C- still producing?
- CONNELL ESTATE -C- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONNELL ESTATE -C- is August 2026.
- How much has CONNELL ESTATE -C- produced?
- CONNELL ESTATE -C- has reported 255,223 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is CONNELL ESTATE -C- worth?
- The remaining production from CONNELL ESTATE -C- is estimated to be worth about $967K in total as of 26 August 2026, within a range of $754K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONNELL ESTATE -C- is a fraction of it. The estimate fits an Arps decline curve to the production CONNELL ESTATE -C- 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 -C- is an estimate of value, not an offer and not an appraisal.
- How much income does CONNELL ESTATE -C- generate in a year?
- CONNELL ESTATE -C- is forecast to net about $219K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONNELL ESTATE -C- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rim Operating, Inc. |
|---|---|
| Field | Penwell (Glorieta) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 17965 |
| Wellbores | 4 |
| Reported production | 255,223 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $967K |
Where CONNELL ESTATE -C- 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.