PHILLIPS TRUST 19
PHILLIPS TRUST 19 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Breitburn Operating L.P. It has 2 wellbores on file with the Commission. Reported production runs from April 2014 to August 2026, totalling 95,154 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 $1.6M, with roughly $317K 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 391 barrels a month, about 196 per wellbore. Its strongest month on the record we hold was February 2020, at 3,435 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 PHILLIPS TRUST 19
- Who operates PHILLIPS TRUST 19?
- PHILLIPS TRUST 19 is operated by Breitburn Operating L.P., Railroad Commission of Texas operator number 090732.
- Where is PHILLIPS TRUST 19?
- PHILLIPS TRUST 19 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44937.
- Is PHILLIPS TRUST 19 still producing?
- PHILLIPS TRUST 19 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHILLIPS TRUST 19 is August 2026.
- How much has PHILLIPS TRUST 19 produced?
- PHILLIPS TRUST 19 has reported 95,154 barrels of oil (bbl) to the Railroad Commission of Texas between April 2014 and August 2026, from 2 wellbores.
- How much is PHILLIPS TRUST 19 worth?
- The remaining production from PHILLIPS TRUST 19 is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHILLIPS TRUST 19 is a fraction of it. The estimate fits an Arps decline curve to the production PHILLIPS TRUST 19 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHILLIPS TRUST 19 is an estimate of value, not an offer and not an appraisal.
- How much income does PHILLIPS TRUST 19 generate in a year?
- PHILLIPS TRUST 19 is forecast to net about $317K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PHILLIPS TRUST 19 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Breitburn Operating L.P. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 44937 |
| Wellbores | 2 |
| Reported production | 95,154 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where PHILLIPS TRUST 19 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.