CONNELL SEC 10
CONNELL SEC 10 is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Founders Oil & Gas Operating,LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2020 to August 2026, totalling 78,013 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 $660K, with roughly $342K 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 716 barrels a month. Its strongest month on the record we hold was August 2021, at 3,885 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 SEC 10
- Who operates CONNELL SEC 10?
- CONNELL SEC 10 is operated by Founders Oil & Gas Operating,LLC, Railroad Commission of Texas operator number 280640.
- Where is CONNELL SEC 10?
- CONNELL SEC 10 is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55448.
- Is CONNELL SEC 10 still producing?
- CONNELL SEC 10 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONNELL SEC 10 is August 2026.
- How much has CONNELL SEC 10 produced?
- CONNELL SEC 10 has reported 78,013 barrels of oil (bbl) to the Railroad Commission of Texas between August 2020 and August 2026, from 1 wellbore.
- How much is CONNELL SEC 10 worth?
- The remaining production from CONNELL SEC 10 is estimated to be worth about $660K in total as of 26 August 2026, within a range of $515K to $805K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONNELL SEC 10 is a fraction of it. The estimate fits an Arps decline curve to the production CONNELL SEC 10 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONNELL SEC 10 is an estimate of value, not an offer and not an appraisal.
- How much income does CONNELL SEC 10 generate in a year?
- CONNELL SEC 10 is forecast to net about $342K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONNELL SEC 10 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Founders Oil & Gas Operating,LLC |
|---|---|
| Field | Penwell (Clear Fork) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 55448 |
| Wellbores | 1 |
| Reported production | 78,013 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $660K |
Where CONNELL SEC 10 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.