SAL
SAL is a Texas oil lease in Hansford County, Railroad Commission district 10, operated by Conocophillips Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2007 to August 2026, totalling 9,361 barrels. The lease is intermittent. 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 $619K, with roughly $86K 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 31 barrels a month. Its strongest month on the record we hold was March 2019, at 180 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 SAL
- Who operates SAL?
- SAL is operated by Conocophillips Company, Railroad Commission of Texas operator number 172232.
- Where is SAL?
- SAL is a Texas oil lease in Hansford County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07807.
- Is SAL still producing?
- SAL is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SAL is August 2026.
- How much has SAL produced?
- SAL has reported 9,361 barrels of oil (bbl) to the Railroad Commission of Texas between November 2007 and August 2026, from 1 wellbore.
- How much is SAL worth?
- The remaining production from SAL is estimated to be worth about $619K in total as of 27 August 2026, within a range of $340K to $897K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SAL is a fraction of it. The estimate fits an Arps decline curve to the production SAL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SAL is an estimate of value, not an offer and not an appraisal.
- How much income does SAL generate in a year?
- SAL is forecast to net about $86K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SAL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conocophillips Company |
|---|---|
| Field | Shapley (Morrow) |
| County | Hansford County, Texas |
| RRC district | 10 |
| Lease number | 07807 |
| Wellbores | 1 |
| Reported production | 9,361 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $619K |
Where SAL 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.