STRICKLAND 19
STRICKLAND 19 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Athlon Fe Operating LLC. It has 3 wellbores on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 92,545 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 $174K, with roughly $31K 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 29 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was January 2018, at 1,456 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 STRICKLAND 19
- Who operates STRICKLAND 19?
- STRICKLAND 19 is operated by Athlon Fe Operating LLC, Railroad Commission of Texas operator number 036048.
- Where is STRICKLAND 19?
- STRICKLAND 19 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42583.
- Is STRICKLAND 19 still producing?
- STRICKLAND 19 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STRICKLAND 19 is August 2026.
- How much has STRICKLAND 19 produced?
- STRICKLAND 19 has reported 92,545 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 3 wellbores.
- How much is STRICKLAND 19 worth?
- The remaining production from STRICKLAND 19 is estimated to be worth about $174K in total as of 27 August 2026, within a range of $96K to $253K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STRICKLAND 19 is a fraction of it. The estimate fits an Arps decline curve to the production STRICKLAND 19 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STRICKLAND 19 is an estimate of value, not an offer and not an appraisal.
- How much income does STRICKLAND 19 generate in a year?
- STRICKLAND 19 is forecast to net about $31K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STRICKLAND 19 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Athlon Fe Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 42583 |
| Wellbores | 3 |
| Reported production | 92,545 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $174K |
Where STRICKLAND 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.