EVERGLADE 17E
EVERGLADE 17E is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 2 wellbores on file with the Commission. Reported production runs from July 2023 to August 2026, totalling 288,075 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 $5.3M, with roughly $2.3M 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 3,909 barrels a month, about 1,954 per wellbore. Its strongest month on the record we hold was July 2023, at 39,649 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 EVERGLADE 17E
- Who operates EVERGLADE 17E?
- EVERGLADE 17E is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is EVERGLADE 17E?
- EVERGLADE 17E is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62487.
- Is EVERGLADE 17E still producing?
- EVERGLADE 17E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EVERGLADE 17E is August 2026.
- How much has EVERGLADE 17E produced?
- EVERGLADE 17E has reported 288,075 barrels of oil (bbl) to the Railroad Commission of Texas between July 2023 and August 2026, from 2 wellbores.
- How much is EVERGLADE 17E worth?
- The remaining production from EVERGLADE 17E is estimated to be worth about $5.3M in total as of 26 August 2026, within a range of $4.4M to $6.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EVERGLADE 17E is a fraction of it. The estimate fits an Arps decline curve to the production EVERGLADE 17E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EVERGLADE 17E is an estimate of value, not an offer and not an appraisal.
- How much income does EVERGLADE 17E generate in a year?
- EVERGLADE 17E is forecast to net about $2.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EVERGLADE 17E receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ovintiv USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 62487 |
| Wellbores | 2 |
| Reported production | 288,075 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.3M |
Where EVERGLADE 17E 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.