CONNELL
CONNELL is a Texas oil lease in Garza County, Railroad Commission district 8A, operated by Palmer Oil Properties. It has 11 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 336,119 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 $1.2M, with roughly $266K 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 370 barrels a month, about 34 per wellbore. Its strongest month on the record we hold was September 2017, at 574 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
- Who operates CONNELL?
- CONNELL is operated by Palmer Oil Properties, Railroad Commission of Texas operator number 635475.
- Where is CONNELL?
- CONNELL is a Texas oil lease in Garza County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 64275.
- Is CONNELL still producing?
- CONNELL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONNELL is August 2026.
- How much has CONNELL produced?
- CONNELL has reported 336,119 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 11 wellbores.
- How much is CONNELL worth?
- The remaining production from CONNELL is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $913K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONNELL is a fraction of it. The estimate fits an Arps decline curve to the production CONNELL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONNELL is an estimate of value, not an offer and not an appraisal.
- How much income does CONNELL generate in a year?
- CONNELL is forecast to net about $266K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONNELL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Palmer Oil Properties |
|---|---|
| Field | Rocker -A-, NW. (San Andres) |
| County | Garza County, Texas |
| RRC district | 8A |
| Lease number | 64275 |
| Wellbores | 11 |
| Reported production | 336,119 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where CONNELL 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.