CHALK, SLOAN

CHALK, SLOAN is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Conocophillips Company. It has 18 wellbores on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 243,837 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 $1.9M, with roughly $486K 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 704 barrels a month, about 39 per wellbore. Its strongest month on the record we hold was April 2019, at 3,190 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 CHALK, SLOAN

Who operates CHALK, SLOAN?
CHALK, SLOAN is operated by Conocophillips Company, Railroad Commission of Texas operator number 172232.
Where is CHALK, SLOAN?
CHALK, SLOAN is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41223.
Is CHALK, SLOAN still producing?
CHALK, SLOAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHALK, SLOAN is August 2026.
How much has CHALK, SLOAN produced?
CHALK, SLOAN has reported 243,837 barrels of oil (bbl) to the Railroad Commission of Texas between December 2011 and August 2026, from 18 wellbores.
How much is CHALK, SLOAN worth?
The remaining production from CHALK, SLOAN is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.5M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHALK, SLOAN is a fraction of it. The estimate fits an Arps decline curve to the production CHALK, SLOAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHALK, SLOAN is an estimate of value, not an offer and not an appraisal.
How much income does CHALK, SLOAN generate in a year?
CHALK, SLOAN is forecast to net about $486K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHALK, SLOAN receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CHALK, SLOAN as filed with the Railroad Commission of Texas
OperatorConocophillips Company
FieldHoward Glasscock (Consolidated)
CountyHoward County, Texas
RRC district08
Lease number41223
Wellbores18
Reported production243,837 bbl
First reported
Last reported
Estimated royalty value$1.9M

Where CHALK, SLOAN 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.