EMPIRE BUILDER
EMPIRE BUILDER is a Texas oil lease in Fisher County, Railroad Commission district 08, operated by Cholla Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 125,761 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 $1.9M, with roughly $503K 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 743 barrels a month. Its strongest month on the record we hold was April 2020, at 7,919 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 EMPIRE BUILDER
- Who operates EMPIRE BUILDER?
- EMPIRE BUILDER is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is EMPIRE BUILDER?
- EMPIRE BUILDER is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53956.
- Is EMPIRE BUILDER still producing?
- EMPIRE BUILDER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EMPIRE BUILDER is August 2026.
- How much has EMPIRE BUILDER produced?
- EMPIRE BUILDER has reported 125,761 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 1 wellbore.
- How much is EMPIRE BUILDER worth?
- The remaining production from EMPIRE BUILDER is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.5M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EMPIRE BUILDER is a fraction of it. The estimate fits an Arps decline curve to the production EMPIRE BUILDER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EMPIRE BUILDER is an estimate of value, not an offer and not an appraisal.
- How much income does EMPIRE BUILDER generate in a year?
- EMPIRE BUILDER is forecast to net about $503K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EMPIRE BUILDER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Fisher County, Texas |
| RRC district | 08 |
| Lease number | 53956 |
| Wellbores | 1 |
| Reported production | 125,761 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where EMPIRE BUILDER 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.