CONNELL, W. E. -C-

CONNELL, W. E. -C- is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Citation Oil & Gas Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 65,016 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 $258K, with roughly $49K 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 67 barrels a month. Its strongest month on the record we hold was March 2018, at 164 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, W. E. -C-

Who operates CONNELL, W. E. -C-?: CONNELL, W. E. -C- is operated by Citation Oil & Gas Corp., Railroad Commission of Texas operator number 154235.
Where is CONNELL, W. E. -C-?: CONNELL, W. E. -C- is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 04861.
Is CONNELL, W. E. -C- still producing?: CONNELL, W. E. -C- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONNELL, W. E. -C- is August 2026.
How much has CONNELL, W. E. -C- produced?: CONNELL, W. E. -C- has reported 65,016 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is CONNELL, W. E. -C- worth?: The remaining production from CONNELL, W. E. -C- is estimated to be worth about $258K in total as of 26 August 2026, within a range of $142K to $374K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONNELL, W. E. -C- is a fraction of it. The estimate fits an Arps decline curve to the production CONNELL, W. E. -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, W. E. -C- is an estimate of value, not an offer and not an appraisal.
How much income does CONNELL, W. E. -C- generate in a year?: CONNELL, W. E. -C- is forecast to net about $49K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONNELL, W. E. -C- receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CONNELL, W. E. -C- as filed with the Railroad Commission of Texas
Operator	Citation Oil & Gas Corp.
Field	Penwell (Clear Fork)
County	Ector County, Texas
RRC district	08
Lease number	04861
Wellbores	1
Reported production	65,016 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$258K

Where CONNELL, W. E. -C- sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.