PHOENIX 16AA
PHOENIX 16AA 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 May 2021 to August 2026, totalling 234,383 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 $810K, with roughly $259K 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 426 barrels a month. Its strongest month on the record we hold was September 2021, at 28,253 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 PHOENIX 16AA
- Who operates PHOENIX 16AA?
- PHOENIX 16AA is operated by Ovintiv USA Inc., Railroad Commission of Texas operator number 628658.
- Where is PHOENIX 16AA?
- PHOENIX 16AA is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 56606.
- Is PHOENIX 16AA still producing?
- PHOENIX 16AA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHOENIX 16AA is August 2026.
- How much has PHOENIX 16AA produced?
- PHOENIX 16AA has reported 234,383 barrels of oil (bbl) to the Railroad Commission of Texas between May 2021 and August 2026, from 1 wellbore.
- How much is PHOENIX 16AA worth?
- The remaining production from PHOENIX 16AA is estimated to be worth about $810K in total as of 26 August 2026, within a range of $632K to $989K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHOENIX 16AA is a fraction of it. The estimate fits an Arps decline curve to the production PHOENIX 16AA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHOENIX 16AA is an estimate of value, not an offer and not an appraisal.
- How much income does PHOENIX 16AA generate in a year?
- PHOENIX 16AA is forecast to net about $259K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PHOENIX 16AA 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 | 56606 |
| Wellbores | 1 |
| Reported production | 234,383 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $810K |
Where PHOENIX 16AA 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.