VEAL -36-
VEAL -36- is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Texas Crude Operator, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 82,511 barrels. The lease is shut in. 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 $12K, with roughly $2K 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 2 barrels a month. Its strongest month on the record we hold was February 2023, at 163 barrels.
Key facts about VEAL -36-
- Who operates VEAL -36-?
- VEAL -36- is operated by Texas Crude Operator, Inc., Railroad Commission of Texas operator number 845277.
- Where is VEAL -36-?
- VEAL -36- is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 04561.
- Is VEAL -36- still producing?
- VEAL -36- is shut in. The most recent month of production reported to the Railroad Commission of Texas for VEAL -36- is August 2026.
- How much has VEAL -36- produced?
- VEAL -36- has reported 82,511 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is VEAL -36- worth?
- The remaining production from VEAL -36- is estimated to be worth about $12K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VEAL -36- is a fraction of it. The estimate fits an Arps decline curve to the production VEAL -36- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VEAL -36- is an estimate of value, not an offer and not an appraisal.
- How much income does VEAL -36- generate in a year?
- VEAL -36- is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VEAL -36- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texas Crude Operator, Inc. |
|---|---|
| Field | Oceanic (Pennsylvanian) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 04561 |
| Wellbores | 1 |
| Reported production | 82,511 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where VEAL -36- 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.