PALOMA
PALOMA is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Clear Water Inc. It has 2 wellbores on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 95,656 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 $847K, with roughly $147K 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 182 barrels a month, about 91 per wellbore. Its strongest month on the record we hold was July 2022, at 960 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 PALOMA
- Who operates PALOMA?
- PALOMA is operated by Clear Water Inc., Railroad Commission of Texas operator number 159643.
- Where is PALOMA?
- PALOMA is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39197.
- Is PALOMA still producing?
- PALOMA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PALOMA is August 2026.
- How much has PALOMA produced?
- PALOMA has reported 95,656 barrels of oil (bbl) to the Railroad Commission of Texas between June 2008 and August 2026, from 2 wellbores.
- How much is PALOMA worth?
- The remaining production from PALOMA is estimated to be worth about $847K in total as of 26 August 2026, within a range of $661K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PALOMA is a fraction of it. The estimate fits an Arps decline curve to the production PALOMA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PALOMA is an estimate of value, not an offer and not an appraisal.
- How much income does PALOMA generate in a year?
- PALOMA is forecast to net about $147K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PALOMA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Clear Water Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 39197 |
| Wellbores | 2 |
| Reported production | 95,656 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $847K |
Where PALOMA 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.