COSTANZA A
COSTANZA A is a Texas oil lease in Howard County, Railroad Commission district 08, operated by SM Energy Company. It has 2 wellbores on file with the Commission. Reported production runs from May 2018 to August 2026, totalling 437,511 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 $590K 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 945 barrels a month, about 472 per wellbore. Its strongest month on the record we hold was June 2018, at 63,424 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 COSTANZA A
- Who operates COSTANZA A?
- COSTANZA A is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
- Where is COSTANZA A?
- COSTANZA A is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50483.
- Is COSTANZA A still producing?
- COSTANZA A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COSTANZA A is August 2026.
- How much has COSTANZA A produced?
- COSTANZA A has reported 437,511 barrels of oil (bbl) to the Railroad Commission of Texas between May 2018 and August 2026, from 2 wellbores.
- How much is COSTANZA A worth?
- The remaining production from COSTANZA A is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.5M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COSTANZA A is a fraction of it. The estimate fits an Arps decline curve to the production COSTANZA A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COSTANZA A is an estimate of value, not an offer and not an appraisal.
- How much income does COSTANZA A generate in a year?
- COSTANZA A is forecast to net about $590K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COSTANZA A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SM Energy Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 50483 |
| Wellbores | 2 |
| Reported production | 437,511 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where COSTANZA A 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.