HOWARD HEIRS
HOWARD HEIRS is a Texas oil lease in Harrison County, Railroad Commission district 06, operated by M. E. Operating & Services, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 1997 to August 2026, totalling 39,150 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 $183K, with roughly $31K 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 39 barrels a month. Its strongest month on the record we hold was April 2018, at 177 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 HOWARD HEIRS
- Who operates HOWARD HEIRS?
- HOWARD HEIRS is operated by M. E. Operating & Services, Inc., Railroad Commission of Texas operator number 518265.
- Where is HOWARD HEIRS?
- HOWARD HEIRS is a Texas oil lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 13679.
- Is HOWARD HEIRS still producing?
- HOWARD HEIRS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOWARD HEIRS is August 2026.
- How much has HOWARD HEIRS produced?
- HOWARD HEIRS has reported 39,150 barrels of oil (bbl) to the Railroad Commission of Texas between May 1997 and August 2026, from 1 wellbore.
- How much is HOWARD HEIRS worth?
- The remaining production from HOWARD HEIRS is estimated to be worth about $183K in total as of 26 August 2026, within a range of $100K to $265K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOWARD HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production HOWARD HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOWARD HEIRS is an estimate of value, not an offer and not an appraisal.
- How much income does HOWARD HEIRS generate in a year?
- HOWARD HEIRS is forecast to net about $31K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOWARD HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | M. E. Operating & Services, Inc. |
|---|---|
| Field | Lotta (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 13679 |
| Wellbores | 1 |
| Reported production | 39,150 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $183K |
Where HOWARD HEIRS 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.