CONROE 15-22 EAST UNIT

CONROE 15-22 EAST UNIT is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Hannathon Petroleum, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 196,034 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 $3.1M, with roughly $697K 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 1,100 barrels a month. Its strongest month on the record we hold was November 2018, at 16,092 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 CONROE 15-22 EAST UNIT

Who operates CONROE 15-22 EAST UNIT?
CONROE 15-22 EAST UNIT is operated by Hannathon Petroleum, LLC, Railroad Commission of Texas operator number 354954.
Where is CONROE 15-22 EAST UNIT?
CONROE 15-22 EAST UNIT is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51391.
Is CONROE 15-22 EAST UNIT still producing?
CONROE 15-22 EAST UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONROE 15-22 EAST UNIT is August 2026.
How much has CONROE 15-22 EAST UNIT produced?
CONROE 15-22 EAST UNIT has reported 196,034 barrels of oil (bbl) to the Railroad Commission of Texas between September 2018 and August 2026, from 1 wellbore.
How much is CONROE 15-22 EAST UNIT worth?
The remaining production from CONROE 15-22 EAST UNIT is estimated to be worth about $3.1M in total as of 27 August 2026, within a range of $2.6M to $3.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONROE 15-22 EAST UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CONROE 15-22 EAST UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONROE 15-22 EAST UNIT is an estimate of value, not an offer and not an appraisal.
How much income does CONROE 15-22 EAST UNIT generate in a year?
CONROE 15-22 EAST UNIT is forecast to net about $697K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CONROE 15-22 EAST UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CONROE 15-22 EAST UNIT as filed with the Railroad Commission of Texas
OperatorHannathon Petroleum, LLC
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number51391
Wellbores1
Reported production196,034 bbl
First reported
Last reported
Estimated royalty value$3.1M

Where CONROE 15-22 EAST UNIT 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.