WRIGHT-ADAMS UNIT 31-42
WRIGHT-ADAMS UNIT 31-42 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Callon Petroleum Operating Co. It has 7 wellbores on file with the Commission. Reported production runs from February 2016 to August 2026, totalling 2,020,635 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 $19.7M, with roughly $4.1M 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 4,568 barrels a month, about 653 per wellbore. Its strongest month on the record we hold was April 2017, at 72,846 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 WRIGHT-ADAMS UNIT 31-42
- Who operates WRIGHT-ADAMS UNIT 31-42?
- WRIGHT-ADAMS UNIT 31-42 is operated by Callon Petroleum Operating Co, Railroad Commission of Texas operator number 124828.
- Where is WRIGHT-ADAMS UNIT 31-42?
- WRIGHT-ADAMS UNIT 31-42 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47915.
- Is WRIGHT-ADAMS UNIT 31-42 still producing?
- WRIGHT-ADAMS UNIT 31-42 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WRIGHT-ADAMS UNIT 31-42 is August 2026.
- How much has WRIGHT-ADAMS UNIT 31-42 produced?
- WRIGHT-ADAMS UNIT 31-42 has reported 2,020,635 barrels of oil (bbl) to the Railroad Commission of Texas between February 2016 and August 2026, from 7 wellbores.
- How much is WRIGHT-ADAMS UNIT 31-42 worth?
- The remaining production from WRIGHT-ADAMS UNIT 31-42 is estimated to be worth about $19.7M in total as of 27 August 2026, within a range of $16.4M to $23.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WRIGHT-ADAMS UNIT 31-42 is a fraction of it. The estimate fits an Arps decline curve to the production WRIGHT-ADAMS UNIT 31-42 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WRIGHT-ADAMS UNIT 31-42 is an estimate of value, not an offer and not an appraisal.
- How much income does WRIGHT-ADAMS UNIT 31-42 generate in a year?
- WRIGHT-ADAMS UNIT 31-42 is forecast to net about $4.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WRIGHT-ADAMS UNIT 31-42 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 | 47915 |
| Wellbores | 7 |
| Reported production | 2,020,635 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $19.7M |
Where WRIGHT-ADAMS UNIT 31-42 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.