SILVER CITY UNIT
SILVER CITY UNIT is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Callon Petroleum Operating Co. It has 4 wellbores on file with the Commission. Reported production runs from July 2016 to August 2026, totalling 1,858,986 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 $22.4M, with roughly $4.8M 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 5,666 barrels a month, about 1,416 per wellbore. Its strongest month on the record we hold was December 2018, at 101,154 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 SILVER CITY UNIT
- Who operates SILVER CITY UNIT?
- SILVER CITY UNIT is operated by Callon Petroleum Operating Co, Railroad Commission of Texas operator number 124828.
- Where is SILVER CITY UNIT?
- SILVER CITY UNIT is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47770.
- Is SILVER CITY UNIT still producing?
- SILVER CITY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SILVER CITY UNIT is August 2026.
- How much has SILVER CITY UNIT produced?
- SILVER CITY UNIT has reported 1,858,986 barrels of oil (bbl) to the Railroad Commission of Texas between July 2016 and August 2026, from 4 wellbores.
- How much is SILVER CITY UNIT worth?
- The remaining production from SILVER CITY UNIT is estimated to be worth about $22.4M in total as of 26 August 2026, within a range of $18.6M to $26.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SILVER CITY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SILVER CITY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SILVER CITY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SILVER CITY UNIT generate in a year?
- SILVER CITY UNIT is forecast to net about $4.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SILVER CITY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Callon Petroleum Operating Co |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 47770 |
| Wellbores | 4 |
| Reported production | 1,858,986 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $22.4M |
Where SILVER CITY UNIT 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.