CONNELL 59
CONNELL 59 is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by Telesis Operating Co., Inc. It has 2 wellbores on file with the Commission. Reported production runs from August 2007 to August 2026, totalling 28,272 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 $345K, with roughly $62K 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 80 barrels a month, about 40 per wellbore. Its strongest month on the record we hold was July 2016, at 173 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 59
- Who operates CONNELL 59?
- CONNELL 59 is operated by Telesis Operating Co., Inc., Railroad Commission of Texas operator number 841394.
- Where is CONNELL 59?
- CONNELL 59 is a Texas oil lease in Garza County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69129.
- Is CONNELL 59 still producing?
- CONNELL 59 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONNELL 59 is August 2026.
- How much has CONNELL 59 produced?
- CONNELL 59 has reported 28,272 barrels of oil (bbl) to the Railroad Commission of Texas between August 2007 and August 2026, from 2 wellbores.
- How much is CONNELL 59 worth?
- The remaining production from CONNELL 59 is estimated to be worth about $345K in total as of 26 August 2026, within a range of $190K to $500K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONNELL 59 is a fraction of it. The estimate fits an Arps decline curve to the production CONNELL 59 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONNELL 59 is an estimate of value, not an offer and not an appraisal.
- How much income does CONNELL 59 generate in a year?
- CONNELL 59 is forecast to net about $62K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONNELL 59 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Telesis Operating Co., Inc. |
|---|---|
| Field | Post (Glorieta) |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 69129 |
| Wellbores | 2 |
| Reported production | 28,272 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $345K |
Where CONNELL 59 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.