CONNELL-MESA
CONNELL-MESA is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by Cholla Petroleum, Inc. It has 5 wellbores on file with the Commission. Reported production runs from September 1999 to August 2026, totalling 146,192 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 $593K, with roughly $197K 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 323 barrels a month, about 65 per wellbore. Its strongest month on the record we hold was October 2024, at 659 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-MESA
- Who operates CONNELL-MESA?
- CONNELL-MESA is operated by Cholla Petroleum, Inc., Railroad Commission of Texas operator number 150683.
- Where is CONNELL-MESA?
- CONNELL-MESA is a Texas oil lease in Garza County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68121.
- Is CONNELL-MESA still producing?
- CONNELL-MESA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONNELL-MESA is August 2026.
- How much has CONNELL-MESA produced?
- CONNELL-MESA has reported 146,192 barrels of oil (bbl) to the Railroad Commission of Texas between September 1999 and August 2026, from 5 wellbores.
- How much is CONNELL-MESA worth?
- The remaining production from CONNELL-MESA is estimated to be worth about $593K in total as of 26 August 2026, within a range of $462K to $723K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONNELL-MESA is a fraction of it. The estimate fits an Arps decline curve to the production CONNELL-MESA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONNELL-MESA is an estimate of value, not an offer and not an appraisal.
- How much income does CONNELL-MESA generate in a year?
- CONNELL-MESA is forecast to net about $197K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONNELL-MESA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cholla Petroleum, Inc. |
|---|---|
| Field | Arlene (Glorieta) |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 68121 |
| Wellbores | 5 |
| Reported production | 146,192 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $593K |
Where CONNELL-MESA 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.