CHALK, G.O.-E-
CHALK, G.O.-E- is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Conocophillips Company. It has 24 wellbores on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 322,669 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 $3.4M, with roughly $965K 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 1,440 barrels a month, about 60 per wellbore. Its strongest month on the record we hold was May 2016, at 2,184 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CHALK, G.O.-E-
- Who operates CHALK, G.O.-E-?
- CHALK, G.O.-E- is operated by Conocophillips Company, Railroad Commission of Texas operator number 172232.
- Where is CHALK, G.O.-E-?
- CHALK, G.O.-E- is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41219.
- Is CHALK, G.O.-E- still producing?
- CHALK, G.O.-E- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHALK, G.O.-E- is August 2026.
- How much has CHALK, G.O.-E- produced?
- CHALK, G.O.-E- has reported 322,669 barrels of oil (bbl) to the Railroad Commission of Texas between December 2011 and August 2026, from 24 wellbores.
- How much is CHALK, G.O.-E- worth?
- The remaining production from CHALK, G.O.-E- is estimated to be worth about $3.4M in total as of 26 August 2026, within a range of $2.8M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHALK, G.O.-E- is a fraction of it. The estimate fits an Arps decline curve to the production CHALK, G.O.-E- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHALK, G.O.-E- is an estimate of value, not an offer and not an appraisal.
- How much income does CHALK, G.O.-E- generate in a year?
- CHALK, G.O.-E- is forecast to net about $965K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHALK, G.O.-E- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conocophillips Company |
|---|---|
| Field | Howard Glasscock (Consolidated) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 41219 |
| Wellbores | 24 |
| Reported production | 322,669 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.4M |
Where CHALK, G.O.-E- 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.