OWEN-CHALK
OWEN-CHALK is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Conocophillips Company. It has 30 wellbores on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 601,893 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 $4.3M, with roughly $1.3M 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 1,972 barrels a month, about 66 per wellbore. Its strongest month on the record we hold was May 2019, at 6,783 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 OWEN-CHALK
- Who operates OWEN-CHALK?
- OWEN-CHALK is operated by Conocophillips Company, Railroad Commission of Texas operator number 172232.
- Where is OWEN-CHALK?
- OWEN-CHALK is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41222.
- Is OWEN-CHALK still producing?
- OWEN-CHALK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OWEN-CHALK is August 2026.
- How much has OWEN-CHALK produced?
- OWEN-CHALK has reported 601,893 barrels of oil (bbl) to the Railroad Commission of Texas between December 2011 and August 2026, from 30 wellbores.
- How much is OWEN-CHALK worth?
- The remaining production from OWEN-CHALK is estimated to be worth about $4.3M in total as of 26 August 2026, within a range of $3.5M to $5.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OWEN-CHALK is a fraction of it. The estimate fits an Arps decline curve to the production OWEN-CHALK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OWEN-CHALK is an estimate of value, not an offer and not an appraisal.
- How much income does OWEN-CHALK generate in a year?
- OWEN-CHALK is forecast to net about $1.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OWEN-CHALK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conocophillips Company |
|---|---|
| Field | Howard Glasscock (Consolidated) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 41222 |
| Wellbores | 30 |
| Reported production | 601,893 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.3M |
Where OWEN-CHALK 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.