COLLINS 8
COLLINS 8 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Oil Management Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 93,689 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 $971K, with roughly $220K 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 321 barrels a month. Its strongest month on the record we hold was March 2024, at 621 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 COLLINS 8
- Who operates COLLINS 8?
- COLLINS 8 is operated by Oil Management Corporation, Railroad Commission of Texas operator number 620480.
- Where is COLLINS 8?
- COLLINS 8 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 29887.
- Is COLLINS 8 still producing?
- COLLINS 8 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COLLINS 8 is August 2026.
- How much has COLLINS 8 produced?
- COLLINS 8 has reported 93,689 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is COLLINS 8 worth?
- The remaining production from COLLINS 8 is estimated to be worth about $971K in total as of 26 August 2026, within a range of $758K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COLLINS 8 is a fraction of it. The estimate fits an Arps decline curve to the production COLLINS 8 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COLLINS 8 is an estimate of value, not an offer and not an appraisal.
- How much income does COLLINS 8 generate in a year?
- COLLINS 8 is forecast to net about $220K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COLLINS 8 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oil Management Corporation |
|---|---|
| Field | Korman (Canyon Reef) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 29887 |
| Wellbores | 1 |
| Reported production | 93,689 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $971K |
Where COLLINS 8 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.