LILY 16E
LILY 16E is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Ovintiv USA Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 342,793 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 $1.7M, with roughly $840K 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 875 barrels a month. Its strongest month on the record we hold was October 2020, at 38,818 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 LILY 16E
- Who operates LILY 16E?
- LILY 16E is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is LILY 16E?
- LILY 16E is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54768.
- Is LILY 16E still producing?
- LILY 16E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LILY 16E is August 2026.
- How much has LILY 16E produced?
- LILY 16E has reported 342,793 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 1 wellbore.
- How much is LILY 16E worth?
- The remaining production from LILY 16E is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LILY 16E is a fraction of it. The estimate fits an Arps decline curve to the production LILY 16E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LILY 16E is an estimate of value, not an offer and not an appraisal.
- How much income does LILY 16E generate in a year?
- LILY 16E is forecast to net about $840K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LILY 16E 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 | 54768 |
| Wellbores | 1 |
| Reported production | 342,793 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where LILY 16E 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.